microeconomics
noun/ˌmaɪkroʊˌɛkəˈnɑmɪks/
Frequency rank: #19,529 most common English word
Meaning
The branch of economics that studies the behavior of individual consumers, firms, and markets.
Example sentence
She decided to study microeconomics in order to understand how individual consumers and firms make decisions.
Synonyms & related words
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