Akademik

microeconomics
Analysis of the behavior of individual economic units such as companies, industries, or households. Bloomberg Financial Dictionary

* * *

microeconomics mi‧cro‧ec‧o‧nom‧ics [ˌmaɪkrəʊiːkəˈnɒmɪks, -ekə- ǁ -kroʊiːkəˈnɑː-] noun [uncountable] ECONOMICS
the study of a part of the economy, such as the operations of one company or person:

• Microeconomics focuses on the small-scale, individual decisions of households and businesses.

— compare macroeconomics
— microeconomic adjective :

• a microeconomic analysis

* * *

microeconomics UK US /ˌmaɪkrəʊiːkəˈnɒmɪks/ noun [U]
ECONOMICS the part of economics that studies individual markets and businesses, or how individual people spend or earn money: »

Anyone conversant with basic microeconomics knows that it is covering fixed costs that a firm needs to worry about, not total or variable costs.

Compare MACROECONOMICS(Cf. ↑macroeconomics)
See Note ECONOMICS(Cf. ↑economics)

Financial and business terms. 2012.