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English definition of “microeconomics”

microeconomics

noun [U] uk   /ˌmaɪ.krəʊ.iː.kəˈnɒm.ɪks/ us    /-kroʊ.iː.kəˈnɑː.mɪks/
the study of the economic problems of businesses and people and the way particular parts of an economy behaveEconomics and the state of the economy
(Definition of microeconomics from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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