microeconomic Definition and Meaning in English (microeconomic definition)

adjective
Synonyms:individual economicsmall-scale economic
Quick Answer • Definition

Microeconomic definition: Relating to the branch of economics concerned with the behavior of individual consumers and firms in making decisions regarding the allocation of scarce resources.

Definitions of Microeconomic

  1. 1adjective

    Relating to the branch of economics concerned with the behavior of individual consumers and firms in making decisions regarding the allocation of scarce resources.

Example Sentences

“The study focused on the microeconomic factors affecting local businesses.”

“Microeconomic theory helps understand consumer choices and market dynamics.”

Synonyms

individual economicsmall-scale economic

Antonyms

macroeconomic

Inflected Word Forms

nounmicroeconomics
agent nounmicroeconomist

Frequently Asked Questions: Microeconomic in English

What is the meaning of Microeconomic in English?▼
Microeconomic definition: Relating to the branch of economics concerned with the behavior of individual consumers and firms in making decisions regarding the allocation of scarce resources.
How do you translate 'Microeconomic' to English?▼
'Microeconomic' translates to 'microeconomic' in English. Microeconomic definition: Relating to the branch of economics concerned with the behavior of individual consumers and firms in making decisions regarding the allocation of scarce resources.
How do you pronounce 'Microeconomic' and 'microeconomic'?▼
Listen to clear English audio pronunciation of 'Microeconomic' and native English audio speech for 'microeconomic' with bilingual sentence examples on DictBridge.

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