microeconomics
noun
mi·cro·eco·nom·ics
ˌmī-krō-ˌe-kə-ˈnä-miks
-ˌē-kə-
plural in form but usually singular in construction
: a study of economics in terms of individual areas of activity (such as a firm) compare macroeconomics
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Merriam-Webster unabridged
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