Pronunciation: (mī"krō-ek"u-nom'iks, -ē"ku-), [key]
—n. (used with a sing. v.)
the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm. Cf. macroeconomics.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.