mi·cro·ec·o·nom·ics

[mahy-kroh-ek-uh-nom-iks, -ee-kuh-]
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:
1945–50; micro- + economics

mi·cro·ec·o·nom·ic, adjective
mi·cro·e·con·o·mist [mahy-kroh-i-kon-uh-mist] , noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To microeconomics
Collins
World English Dictionary
microeconomics (ˌmaɪkrəʊˌiːkəˈnɒmɪks, -ˌɛkə-) [Click for IPA pronunciation guide]
 
n
(functioning as singular) Compare macroeconomics the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them
 
microeco'nomic
 
adj

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Microeconomics has a plethora of syllables.
So is dichlorodiphenyltrichloroethane. Does it mean:
a white, crystalline, water-insoluble solid, C14H9Cl5, usually derived from chloral by reaction with chlorobenzene in the presence of fuming sulfuric acid: used as an insecticide and as a scabicide and pediculicide: agricultural use prohibited in the U.S.
the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).
Etymonline
Word Origin & History

microeconomics
1948, from micro- + economics.
Online Etymology Dictionary, © 2010 Douglas Harper
Cite This Source
American Heritage
Cultural Dictionary

microeconomics definition


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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Example sentences
It's also a main part of standard orthodox microeconomics.
Aspiring doctors are not normally taught microeconomics, cost accounting or
  risk management.
Microeconomics studies the economic behavior of individual consumers and
  individual businesses.
Microeconomics studies resource allocation and decision-making at the level of
  the individual consumer, household or firm.
Related Words
Copyright © 2013 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT