microeconomics

microeconomics The analysis of economic behaviour at the level of individual market participants, chiefly individual businesses or consumers. For an individual or household microeconomics is concerned with the optimal allocation of a given budget, the labour supply choice, and the effects of taxation. For a business it is largely concerned with the production process, costs, and the marketing of output, dependent on the type of competition faced. Comparemacroeconomics.

• Eximbank
• existence needs
• exit charge
• exit value
• ex-new
• exotic options
• expected monetary value
• expected value
• expenditure
• expenditure tax
• expense
• experiencing focus groups
• experimental marketing research
• expert networks
• expert system
• expiry date
• exploratory focus groups
• exploratory research
• exponential smoothing
• Export Credits Guarantee Department
• Export-Import Bank of the USA
• export incentive
• export licence
• exports
• ex post