MICROECONOMICS
(noun)Definitions
There is 1 meaning of the word
Microeconomics.
Microeconomics - as a noun
The branch of economics that studies the economy of consumers or households or individual firms
Example Sentences
"Studying microeconomics allows economists to better understand how supply and demand interact in specific markets."
"One of the basic principles of microeconomics is that individuals are rational decision-makers who aim to maximize their own utility."
"The concept of opportunity cost is an essential aspect of microeconomics, as it helps explain trade-offs in decision-making."
"Understanding microeconomics is crucial for policymakers in order to design effective taxation and welfare policies."
"Game theory, a significant branch of microeconomics, studies strategic decision-making in situations of competition or cooperation."
Word Game Points
Is MICROECONOMICS a valid Scrabble word?
Yes, microeconomics is valid for both Scrabble US and EU
MICROECONOMICS has a SCRABBLE points total of 24.
Is MICROECONOMICS a valid Words With Friends word?
Yes, microeconomics is valid for Words With Friends
Valid WordMICROECONOMICS has a WORDS WITH FRIENDS points total of 30.
Is MICROECONOMICS a valid WordFeud word?
Yes, microeconomics is valid for WordFeud
Valid WordMICROECONOMICS has a WORDFEUD points total of 27.
