microeconomics

Translations

microeconomicsnoun
Microeconomics studies the behavior of individuals and firms in making decisions regarding the allocation of resources.
Микроэкономика изучает поведение отдельных лиц и фирм при принятии решений относительно распределения ресурсов.
Synonyms
economic theory
individual economics
behavioral economics
market economics

Definitions

microeconomicsnoun
The branch of economics that studies how individual consumers, firms, and specific markets allocate scarce resources and respond to incentives.
Microeconomics examines how a rise in coffee prices influences a single café's supply and pricing decisions.