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Glossary > M > "Microeconomics" Definition

Microeconomics

The study of the allocation of resources and the distribution of income, and how they are affected by the workings of government policies and the price system.

The study of economic statistics at the level of the household or the company. In contrast, macroeconomic focuses on economics at the country level.

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Microeconomics \ The study of the allocation of resources and the distribution of income, and how they are affected by the workings of government policies and the price system.

The study of economic statistics at the level of the household or the company. In contrast, macroeconomic focuses on economics at the country level.

Microeconomics / the study of the allocation of resources and the distribution of income, and how they are affected by the workings of government policies and the price system.

the study of economic statistics at the level of the household or the company. in contrast, macroeconomic focuses on economics at the country level.