microeconomic
/ˌmaɪkroʊˌɛkəˈnɑmɪk/
adjective
- Relating to the study of the economic behavior of individual people, households, and businesses rather than the whole economy.
- The professor specializes in microeconomic theory, focusing on how families decide what to buy.
- Microeconomic factors like supply and demand affect the price of a single product.
- Her research looks at microeconomic trends in small local markets.
Antonyms