microeconomics

[ mahy-kroh-ek-uh-nom-iks, -ee-kuh- ]
/ ˌmaɪ kroʊˌɛk əˈnɒm ɪks, -ˌi kə- /

noun (used with a singular verb)

the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm.
Compare macroeconomics.

Origin of microeconomics

First recorded in 1945–50; micro- + economics

OTHER WORDS FROM microeconomics

mi·cro·ec·o·nom·ic, adjective mi·cro·e·con·o·mist [mahy-kroh-i-kon-uh-mist] /ˌmaɪ kroʊ ɪˈkɒn ə mɪst/, noun

Words nearby microeconomics

microdrepanocytic anemia, microdrepanocytosis, microdrive, microearthquake, microecology, microeconomics, microelectrode, microelectronics, microelectrophoresis, microencapsulation, microencephaly

British Dictionary definitions for microeconomics

microeconomics
/ (ˌmaɪkrəʊˌiːkəˈnɒmɪks, -ˌɛkə-) /

noun

(functioning as singular) the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them Compare macroeconomics

Derived forms of microeconomics

microeconomic, adjective

Cultural definitions for microeconomics

microeconomics

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