MICROECONOMICS

microeconomics

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

Source: WordNet® 3.1


Etymology

Noun

microeconomics (uncountable)

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

Source: Wiktionary



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Word of the Day

28 February 2025

PRESCRIPTIVE

(adjective) pertaining to giving directives or rules; “prescriptive grammar is concerned with norms of or rules for correct usage”


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