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Definition of microeconomic

microeconomic

/ˌmaɪkroʊˌɛkəˈnɑːmɪk/
mi · cro · ec · o · nom · ic
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microeconomic Lexical Profile

microeconomic Game Scores & Validity

• adjective

1

Relating to the branch of economics that studies the behavior and decision-making of individual consumers, households, and firms regarding the allocation of limited resources.

Example

"The research paper analyzes the microeconomic factors that influence how local small businesses set their prices."

Antonyms
View all antonyms for microeconomic

• Rhymes for microeconomic

• Nearby Words

microcystin
microdose
microdosing
microeconomic
microeconomics
microeconomist
microenterprise

Word Origin & Etymology

Coined in the 1930s by combining the prefix micro- (from Ancient Greek mikros, meaning 'small') with economic, to distinguish the study of individual and firm-level behavior from broader national economic systems.

Cite this Entry

Wordmom. (2026). Definition of Microeconomic. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/microeconomic
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