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Microeconomic Meaning in English

word

ˌmaɪkɹoʊˌɛkəˈnɑmɪk
my-kroh-ek-uh-NAH-mik
ˌmaɪkrəʊˌekəˈnɒmɪk
my-kroh-ek-uh-NOM-ik

Definition

Related to the part of economics that looks at individual people, businesses, or markets instead of the whole economy.

Usage & Nuances

Mostly used in academic, business, and formal contexts. Common collocations: 'microeconomic theory', 'microeconomic factors', 'microeconomic analysis'. Opposite of 'macroeconomic' (which looks at the whole economy).

Example Sentences

We studied microeconomic problems in class today.

basic

A price change is a microeconomic event.

basic

She is interested in microeconomic theories.

basic

Understanding microeconomic trends can help you make better investments.

natural

The government’s new tax policy had immediate microeconomic effects on small businesses.

natural

I'm more interested in the microeconomic side of things than the big picture.

natural