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Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The study of the operations of the components of a national economy, such as individual firms, households, and consumers.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. That field of economics that deals with small-scale economic activities such as that of the individual or company.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. the branch of economics that studies the economy of consumers or households or individual firms

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