mi·​cro·​eco·​nom·​ics | \ ˌmī-krō-ˌe-kə-ˈnä-miks How to pronounce microeconomics (audio) , -ˌē-kə-\

Definition of microeconomics

: a study of economics in terms of individual areas of activity (such as a firm) — compare macroeconomics

Other Words from microeconomics

microeconomic \ ˌmī-​krō-​ˌe-​kə-​ˈnä-​mik How to pronounce microeconomic (audio) , -​ˌē-​kə-​ \ adjective
microeconomist \ ˌmī-​krō-​i-​ˈkä-​nə-​mist How to pronounce microeconomist (audio) \ noun

First Known Use of microeconomics

1943, in the meaning defined above

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Last Updated

23 Apr 2019

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Time Traveler for microeconomics

The first known use of microeconomics was in 1943

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More Definitions for microeconomics

microeconomics

noun

English Language Learners Definition of microeconomics

: the study of the economic decisions and actions of individual people, companies, etc.

More from Merriam-Webster on microeconomics

Britannica English: Translation of microeconomics for Arabic Speakers

Britannica.com: Encyclopedia article about microeconomics

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