Definition of micro economics

DEFINITIONS OF MICRO ECONOMICS

1)Kenneth Boulding

  According to him"micro economics is a study of particular firms, particular households, individual prices, wages, incomes,individual industries and particular commodities. "

2) Maurice Dobb

"Micro economics is in face a micro scopic study of the economy"

3)Samuelson and Nordhus

According to them"Micro economics " deals with the behavior of individual elements in an economy such as the determination of the price of a single product or the behavior of a single consumer or business firm.