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 ?
One text, the twentieth edition of Microeconomics: Principles, Problems, and Policies by McConnell, Brue, and Flynn (2015), provides a better distinction of the entrepreneur's contribution.
Acting director of research at CBK Raphael Otieno attributed the worsening financial health of households to poor microeconomics, especially a drop in agriculture productivity due to bad climate.
'Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.' And each of us monitors the micro every day.
The new Chancellor Vilija Verve?kien?, who started working at the Ministry of Agriculture on Thursday, has so far worked as a lecturer, project manager at Alytus College, where she taught project management, business economics, microeconomics and macroeconomics, as well as prepared and implemented various international projects.
In this second quadrant microeconomics displays the interaction of supply and demand on the resultant prices.
David Kreps, one of the world's most influential economists, has developed and refined Microeconomics for Managers over decades of teaching at Stanford's Graduate School of Business.
Awards, honors: One of four projects presented at 2016 National Project Lead the Way Summit, 2017 AP Microeconomics Exam Perfect Score, National French Contest Silver Medal, National Merit Finalist, Illinois State Scholar
This text outlines analytical methods for lawyers, drawn from disciplines like economics, accounting, finance, and statistics, including decision analysis, game theory, contracts, the interpretation of financial statements, microeconomics, economic analysis of the law, statistical analysis, and multivariate analysis, with each concept introduced, explained, and applied in legal contexts.
Einav has made important contributions to a range of topics in industrial organization and applied microeconomics more generally, including the role of competition and imperfect information in consumer credit and health insurance markets.
Duality is the heart of advanced microeconomics. It exists everywhere throughout advanced microeconomics, from the beginning of consumer theory to the end of production theory.
"The approach to the study of literature that I am calling 'macroanalysis' is in some general ways akin to economics or, more specifically, to macroeconomics." He continues his comparison to "microeconomics, which studies the economic behavior of individual consumers and individual businesses.
Deatonآ's research, who holds both American and British citizenship, has helped transform the fields of microeconomics, macroeconomics, and development economics, said the Academy in a press release.