Share This Article:

Economic Definition of microeconomics. Defined.

Offline Version: PDF

Term microeconomics Definition: The branch of economics that studies the parts of the economy, especially such topics as markets, prices, industries, demand, and supply. It can be thought of as the study of the economic trees, as compared to macroeconomics, which is study of the entire economic forest.


« microeconomic policy | midpoint formula »


Alphabetical Reference to Over 2,000 Economic Terms