Dictionary
microeconomics
noun plural but usually singular in construction mi·cro·eco·nom·ics \-ˌe-kə-ˈnä-miks, -ˌē-kə-\
: the study of the economic decisions and actions of individual people, companies, etc.
Full Definition of MICROECONOMICS
: a study of economics in terms of individual areas of activity (as a firm) — compare macroeconomics
— mi·cro·eco·nom·ic \-ˈnä-mik\ adjective
— mi·cro·econ·o·mist \-i-ˈkä-nə-mist\ noun
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First Known Use of MICROECONOMICS
1943
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