| / English Dictionary |
MICROECONOMICS
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The branch of economics that studies the economy of consumers or households or individual firms
Classified under:
Nouns denoting cognitive processes and contents
Hypernyms ("microeconomics" is a kind of...):
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)
Derivation:
microeconomist (an economist who specializes in microeconomics)
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