microeconomics

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microeconomics

the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them
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References in periodicals archive ?
We are known to be consumers in the macroeconomy, but BE facilitates the growth of business people in the black microeconomy, in every area of commerce.
Quoted also in the Bloomberg story, the problem is aptly summed up by a Mexican telecommunications executive this way: "The macroeconomy is good, but the microeconomy is bad.
Quigley and McBride (1987) mapped out the structure of the community microeconomy in detail, identifying transactions between the wage and non-wage sectors, the former consisting of services and government and the latter of hunting, trapping, fishing, and the taking of seals.
There is a lot of panic in the marketplace, and there is this No Child Left Behind microeconomy,'' said Lou Pugliese, chief executive at ETS Pulliam.
The growth was mainly due to stable and continued macroeconomic policies, continued strengthening of microeconomy and a positive effect of the continued role of the World Trade Organization.
He said: ``There is now a microeconomy on Merseyside of low tax increases which we can take credit for because all the other authorities are looking over their shoulders terrified at what wehaveachieved.
There are only 5,000 megayachts (vessels at least 80 feet long) in the world, but their scale makes each its own microeconomy.
The weekly claims that the Flores administration has based its policies on the erroneous notion that national productivity rests on macroeconomic indicators and not on the microeconomy.