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Microeconomics is the study of the behavior of individual units, firms, households or persons in the economy. If [[macroeconomics]] is the study of the "forest", then microeconomics is the study of the trees.
Microeconomics is the study of the behavior of individual units, firms, households or persons in the economy.
If [[macroeconomics]] is compared to the study of a "forest", then microeconomics is the study of the trees in the forest.
[[Category:Economics]]
[[Category:Economics]]