micro-economics

English - Turkish

Definition of micro-economics in English Turkish dictionary

Related Terms

microeconomics

(Ticaret) mikro ekonomi

microeconomics

mikroekonomi

microeconomics

mıkro ıktısat

microeconomics

mikro iktisat

microeconomics

{i} mikroiktisat

English - English

Definition of micro-economics in English English dictionary

branch of economics that deals with individual factors affecting an economy (i.e. individual buyers, companies, etc.)

Related Terms

microeconomics

That field of economics that deals with the small-scale economic activities such as that of the individual or company

microeconomics

Looking at the individual parts of the economy, with emphasis given to the market process and how it works

microeconomics

The study of individual behavior in the economy, of the components of the larger economy

microeconomics

The study of economics in terms of individual areas of activity (as a firm, household, or prices) See also macroeconomics

microeconomics

The branch of economics concerned with individual decision units--firms and households--and the way in which their decisions interact to determine relative prices of goods and factors of production and how much of these will be bought and sold The market is the central concept in microeconomics

microeconomics

Microeconomics is the branch of economics that analyzes the market behavior of individual consumers and firms The interaction of these individual decision-makers creates patterns of supply and demand that fix the prices of goods and factors of production and determine how resources will be allocated among competing uses

microeconomics

the study of small economic systems that are part of national or international systems macroeconomics. Study of the economic behaviour of individual consumers, firms, and industries and the distribution of total production and income among them. It considers individuals both as suppliers of land, labour, and capital and as the ultimate consumers of the final product, and it examines firms both as suppliers of products and as consumers of labour and capital. Microeconomics seeks to analyze the market or other mechanisms that establish relative prices among goods and services and allocate society's resources among their many possible uses. See also macroeconomics

microeconomics

Focus is on the individual's relationship to the economy Looks at the smaller picture

microeconomics

the bottom-up view of the economy, focusing on individual households and firms

microeconomics

The economic study of firms, consumers, and markets

microeconomics

{i} branch of economics (dealing with allocation of limited resources, economic phenomena and the individual consumer)

microeconomics

the branch of economics that examines individual decision-making by firms and households and the way they interact in specific industries and markets (chapter 1)

microeconomics

Branch of economics that deals with the smaller units within the economy, attempting to understand the decision-making behavior of firms and households and their interaction in markets for particular goods or services

microeconomics

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

microeconomics

That part of economics concerned with the study of the individual decision units - the consumer, the household, the firm - and how their decisions interrelate to determine the price of goods and services and factors of production, supply and demand

microeconomics

The study of the individual parts of the economy, the household and the firm, how prices are determined and how prices determine the production, distribution and use of goods and services

microeconomics

Analysis of the behavior of economic units such as companies, industries, or households

microeconomics

(p 34) That part of economic study that looks at the behavior of people and organizations in particular markets

microeconomics

concerns the economic factors affecting individual consumers and companies