Microeconomics

Word MICROECONOMICS
Character 14
Hyphenation N/A
Pronunciations /ˌmaɪkɹəʊˌiːkəˈnɒnɪks/

Definitions and meanings of "Microeconomics"

What do we mean by microeconomics?

The study of how businesses, households, and individuals within an economy allocate limited resources. noun

That field of economics that deals with small-scale economic activities such as that of the individual or company. noun

The branch of economics that studies the economy of consumers or households or individual firms noun

The field of economics that deals with small-scale economic activities such as those of an individual or company.

Study of the behavior of basic economic units such as companies, industries, or households. Research on the companies in the airline industry would be a microeconomic concern, for instance. Urban Dictionary

Synonyms and Antonyms for Microeconomics

  • Synonyms for microeconomics
  • Microeconomics synonyms not found!!!
  • Antonyms for microeconomics
  • Microeconomics antonyms not found!

The word "microeconomics" in example sentences

There is a need for a course in microeconomics, that goes beyond the standard economics course, addressing the great need for basic money management, budgeting, interest acccumulation and preparation for retirement. ❋ Unknown (2010)

In the past year, the company has snagged leading talents in microeconomics, Web search and artificial intelligence ... ❋ Unknown (2009)

Classes in microeconomics and macroeconomics are no longer adequate — students are demanding more in-depth offerings, administrators say. ❋ Unknown (2008)

And perhaps most importantly, it is a source of great satisfaction that the work on the informational structure of markets seems to have taken hold in microeconomics and that it has had some influence in other disciplines. ❋ Unknown (2002)

When I returned to pursue the PhD degree, I took a field in microeconomics with Armen and he also served as chairman of my dissertation committee. ❋ Unknown (1991)

Game theory is appealing because it is supposed to be useful, unlike most microeconomics, which is often mired in hard-to-interpret equations. ❋ Unknown (2007)

He's a very rigorous economist, and I think did the best job of developing the notion that if you change tax rates you change incentives, and that you have to look at this from what is called microeconomics; that is, from the individual consumer or firm, and that your management of the macroeconomy has to be built on firm microeconomic views. ❋ Unknown (1992)

In microeconomics, which is the study of how individuals and firms interact in specific markets, certain truths are self- evident. ❋ Unknown (2011)

Furthermore, because of the artificial division of economics into "microeconomics" and "macroeconomics," economists who choose the more-popular "micro" fields have almost no contact at all with monetary theory, save a class or two from graduate school in which a near-pure quantity theory prevails. ❋ Unknown (2008)

I think you’re confusing micro-finance and microeconomics which is the study of how firms and individuals maximize utility/profit. reply kaiynne ❋ Michael Arrington (2005)

That the illogical argument of the superiority of "perfect" competition has been ensconced in the microeconomics textbooks for over six decades attests to the failure of orthodox economists to come to grips with an economy dominated by large corporations. ❋ William Lazonick (2011)

That large corporations dominate the US economy is hardly news except perhaps to the economics professors who write the conventional microeconomics texts. ❋ William Lazonick (2011)

In addition to the microeconomics of personal financial management, the electorate needs to understand enough of the macro to figure out who's doing what to whom, to not become numbed by those big numbers, to get through the political spin that accompanies every announcement from Washington, and to learn the lessons provided by history and events in other parts of the world. ❋ Adam Levin (2012)

However, as any introductory microeconomics textbook explains, taxes have associated dead-weight losses. ❋ Unknown (2011)

With the start of another academic year, hundreds of thousands of college students who take introductory microeconomics courses will learn from their professors that the best possible allocation of society's resources occurs when "perfect competition" characterizes the organization of industry. ❋ William Lazonick (2011)

microeconomics (n) microeconomic ([adj]) ❋ Samah (2007)

Cross Reference for Microeconomics

What does microeconomics mean?

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