noun
US/ˌmaɪ.kroʊ.ek.əˈnɑː.mɪks/
UK/ˌmaɪ.krəʊ.iː.kəˈnɒm.ɪks/
the study of how single people, families and companies make choices about money
In context
In microeconomics class, we studied how a shop decides the price of its goods.
Short entry. Full notes coming.