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microeconomics

[ mahy-kroh-ek-uh-nom-iks, -ee-kuh- ]

noun

, (used with a singular verb)
  1. the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm.


microeconomics

/ ˌmaɪkrəʊˌiːkəˈnɒmɪks; -ˌɛkə- /

noun

  1. functioning as singular the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them Compare macroeconomics
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


microeconomics

  1. Economic analysis of particular components of the economy, such as the growth of a single industry or demand for a single product. ( Compare macroeconomics .)


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Derived Forms

  • ˌmicroˌecoˈnomic, adjective
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Other Words From

  • micro·eco·nomic adjective
  • mi·cro·e·con·o·mist [mahy-kroh-i-, kon, -, uh, -mist], noun
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Word History and Origins

Origin of microeconomics1

First recorded in 1945–50; micro- + economics
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Compare Meanings

How does microeconomics compare to similar and commonly confused words? Explore the most common comparisons:

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Example Sentences

Normal microeconomics makes the right answer obvious: A rise in supply pushes down the price of work, so wages will fall.

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microecologymicroelectronics