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
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A Barrington High School student is in rare air when it comes to taking an Advanced Placement microeconomics exam.
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One oddity in their results was that taking a macroeconomics course before the microeconomics course significantly reduced the student's score in the course.