MICROECONOMIC | English Meaning, Definition, and Pronunciation

Looking for the meaning of the word MICROECONOMIC in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of MICROECONOMIC with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.

Word: Microeconomic

Speech Type: Adjective

Audio Pronunciation:
Phonetic Spelling: ˌmʌɪkrəʊˌiːkəˈnɒmɪk
Dialects: British English
Audio Pronunciation:
Phonetic Spelling: ˌmʌɪkrəʊˌɛkəˈnɒmɪk
Dialects: British English
Definition:

relating to the branch of economics concerned with single factors and the effects of individual decisions

Short Definition:

relating to branch of economics concerned with single factors and effects of individual decisions

Examples:
  • the environment in which microeconomic decisions are made
  • business pricing strategies correlate strongly with microeconomic factors

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