microeconomics microeconomics  /ˌmaɪ kroʊ ˌɛ kə ˈnɑ mɪks/

Definition(s):

  • (n) the branch of economics that studies the economy of consumers or households or individual firms

Usage(s):

  1. He met Steve Ballmer, Microsoft's current CEO, when they both talked their way into a graduate course in microeconomics.
  2. Cadets in the social-studies department, for example, can take political philosophy, microeconomics and political and cultural anthropology.
  3. He studied up on tribal relationships, Iraqi politics and microeconomics.

News

  • Ben Bernanke as Easter Bunny: Why the Fed Can't Prevent the Coming Crash

    By Terence Burnham The Dow may have risen nearly 170 points Thursday, but don't expect it to stay that way, argues Terry Burnham. Photo courtesy of Stan Honda/AFP via Getty Images. Paul Solman: Despite today's 170 point rise in the Dow, Terry Burnham remains a battle-scarred stock market skeptic. Burnham, whose microeconomics course I took at Harvard's Kennedy School years ago, is a former ...
    on July 12, 2013     Source: The Online NewsHour

Word of the Day
infatuated infatuated
/ɪn ˈfæ tʃu ˌeɪ tɪd /