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)

Credits