microeconomics
[ˌmaɪ.kroʊ.ek.əˈnɑː.mɪks]
nounfeminine
microeconomia
1. The branch of economics that studies the behavior of individual consumers, workers, and firms, and how they make decisions about production and consumption
Microeconomics examines how prices are determined in individual markets.
A microeconomia examina como os preços são determinados em mercados individuais.
2. Economic analysis focused on small-scale economic units rather than the economy as a whole
In microeconomics, we analyze supply and demand curves for specific products.
Na microeconomia, analisamos as curvas de oferta e demanda de produtos específicos.
3. The study of how individual economic agents allocate scarce resources
Microeconomics helps businesses understand consumer behavior and market competition.
A microeconomia ajuda as empresas a entender o comportamento do consumidor e a concorrência de mercado.
Microeconomics is a fundamental discipline taught in business schools, universities, and economics programs throughout Brazil and the United States. In Brazil, it is a core subject in cursos de Administração (business administration) and Economia (economics). The term is used formally in academic and professional contexts, particularly in São Paulo's financial markets and Rio's academic institutions. In the USA, microeconomics is essential to MBA and economics curricula, with significant emphasis on individual firm behavior and consumer choice theory.
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