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Finance Dictionary and Glossary of Investment Terms
Microeconomics
Definition 1.
The study of the allocation of resources and the distribution of income, and how they are affected by the workings of government policies and the price system.
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Definition 2.
Analysis of the behavior of individual economic units such as companies, industries, or households.
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Definition 3.
The study of the behavior of small economic units, such as that of individual consumers or households. opposite of macroeconomics.
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