also micro-economics, "the branch of economics concerned with single factors and individual decisions," 1948, from micro- + economics. Related: Microeconomic (adj.).
Entries linking to microeconomics
micro-
word-forming element meaning "small in size or extent, microscopic; magnifying;" in science indicating a unit one millionth of the unit it is prefixed to; from Latinized form of mikros, Attic form of Greek smikros "small, little, petty, trivial, slight," perhaps from PIE *smika, from root *smik- "small" (source also of Old High German smahi "littleness"), but Beekes thinks it a Pre-Greek word.
economics n.
1580s, "art of managing a household," perhaps from French économique (see economic); also see -ics. Meaning "science of wealth" is from 1792.