microeconomics

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microeconomics

study of the economic behavior of individual, decision-making units, e.g. individual consumers or businesses, and the operation of individual markets. See also macroeconomics.
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There are only 5,000 megayachts (vessels at least 80 feet long) in the world, but their scale makes each its own microeconomy.
The weekly claims that the Flores administration has based its policies on the erroneous notion that national productivity rests on macroeconomic indicators and not on the microeconomy.
These successes, along with donor enthusiasm for the potential of microfinance to help alleviate poverty, paved the way for the establishment of second-generation credit policies aimed toward the development of the microeconomy by providing credit for investment into microenterprise.
Economics explains this coherence by attempts to identify the microeconomic foundations of the macroeconomy (15)--the macroeconomy is treated effectively as an aggregated microeconomy.