micro-economics noun.
[,mʌɪkrǝʊi:kǝ'nɒmɪks, -ɛk-] M20.[from MICRO- + ECONOMICS.]The branch of economics that deals with the small-scale economic factors; economics of the individual firm, product, consumer, etc., rather than the aggregate. Cf.
MACRO-ECONOMICS.
■ micro-economic adjective M20. ■ micro-e'conomist noun M20. ■ micro-e'conomy noun a small-scale economic system
M20. [TahlilGaran] English Dictionary ▲