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What is Microeconomics?

Answer

Microeconomics is branch of economics that studies how individual households or companies make decisions about how to spend money. It is the study of financial behavior on the smallest scale.
Ask.com Answer for: what is microeconomics
microeconomics - Definition [mahy-kroh-ek-uh-nom-iks, -ee-kuh-]
(n.) (used with a sing. v.) the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm
Source: Dictionary.com
1 Additional Answer
Microeconomics is the study of individual consumers and businesses and what purchases they are making. It is a way of looking at supply and demand at the basic levels in the economy.
Q&A Related to "What is Microeconomics?"
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