microeconomics

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mi·cro·ec·o·nom·ics

 (mī′krō-ĕk′ə-nŏm′ĭks, -ēk′ə-)
n. (used with a sing. verb)
The study of how businesses, households, and individuals within an economy allocate limited resources.

mi′cro·ec′o·nom′ic adj.

microeconomics

(ˌmaɪkrəʊˌiːkəˈnɒmɪks; -ˌɛkə-)
n
(Economics) (functioning as singular) the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them. Compare macroeconomics
ˌmicroˌecoˈnomic adj

mi•cro•ec•o•nom•ics

(ˌmaɪ kroʊˌɛk əˈnɒm ɪks, -ˌi kə-)

n. (used with a sing. v.)
the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm. Compare macroeconomics.
[1945–50]
mi`cro•ec`o•nom′ic, adj.

microeconomics

the division of economics dealing with particular aspects of an economy, as the price-cost relationship of a business. Cf. macroeconomies. — microeconomist, n. — microeconomic, adj.
See also: Economics

microeconomics

A branch of economics dealing with the study of units within the economy, e.g. firms, markets, and individual consumers.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.microeconomics - the branch of economics that studies the economy of consumers or households or individual firmsmicroeconomics - the branch of economics that studies the economy of consumers or households or individual firms
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Translations

microeconomics

[ˈmaɪkrəʊˌiːkəˈnɒmɪks] NSINGmicroeconomía f

microeconomics

[ˌmaɪkrəˌiːkəˈnɒmɪks] nmicroéconomie f, micro-économie f

microeconomics

[ˌmaɪkrəʊˌiːkəˈnɒmɪks] nsgmicroeconomia
References in periodicals archive ?
We want to be the operating system of the digital microeconomy.
uk news, sport He said: "The team at J2M2S recognised that Pickled Walnut had a forward pipeline of work which would allow us to save all the jobs in the local area and to create more employment opportunities while working with all its suppliers to continue what has been a successful microeconomy between food suppliers, logistics companies and our customers.
Moreover, this has impacts on women's safety, girls' education, health risks, and microeconomy of individual family.
One example of such an alternative form of a microeconomy is found in traditional Mexican farming arrangements.
If an expanding, fast-growing, vibrant microeconomy in the hands of private, family or cooperative ownership is a key indicator of progress, then Cuba is apparently on the right track.
One may argue that Imam al-Shaybani's Kitab al-Kasb (on microeconomics) was preceded, albeit only slightly, by Qadi Abu Yusuf's Kitab al-Kharaj (on macroeconomics), but, be that as it may, the former is viewed as the beginning of economics as "an independent body of literature"; and, in any case, a prosperous macroeconomy is founded on a healthy microeconomy.
It affirms the reality of the concern expressed by Congress in the 1950 Celler-Kefauver merger amendments--subsequently recognized by the Supreme Court in Brown Shoe--that mergers and acquisitions can "have a cumulative effect," (183) that market power "may be achieved not in a single acquisition but as the result of a series of acquisitions," (184) and that a succession of mergers and acquisitions can concentrate economic decisionmaking and power across the nation's microeconomy of individual industries.
Each thinker's view of the stability of the macroeconomy is really a reflection of how each understood the coordination processes of the microeconomy.