Microeconomics (frae Greek prefix mikro- meanin "smaa" an economics) is a branch o economics that studies the behavior o individual hooseholds an firms in makin decisions on the allocation o leemitit resoorces (see scarcity).[1]


  1. Marchant, Mary A. "Macroeconomic and International Policy Terms" (PDF). University of Kentucky. Retrieved 4 Mey 2007. Unknown parameter |coauthors= ignored (|author= suggested) (help)