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This is hardly even a definition for microeconomics, since more than one individual is not required for microeconomic decision-making (Robinson Crusoe models, for example). This is almost a better definition of game theory.

This site is meant for kids, so I don't think it would be appropriate to use long winded explanations when all kids want is a short and basic answer. Anything more advanced than that is meant for Wikipedia!
This site is not just meant to be used by children; it can be used by people with a learning disability or people from other countries. Billz (Talk) 06:34, 11 July 2006 (UTC)

~This site is used for many people all around the world, and putting things in Simple-English was and IS a great idea! (User: N/A)(Name:J. Antaya)(State/Province:RI~

As I have said many times, this wikipedia is not a site for kids alone. It may (or may not) be a greatresource for looking up things, and some schools may use it. However the people reading this may be very intelligent people. Their sole disadvantage is that - for whatever reasons - they have not yet learnt English to a sufficient degree. I invite anyone who wants to to come and improve an article they find lacking. Microecconomics is really economics on a smaller scale, for say a household. Macroeconomics deals with Unemployment, price stability/inflation over longer periods, in short, with the economy as a whole, and how to influence/steer it. So, please do create an account, and edit the article as you see fit. --Eptalon 20:33, 10 April 2007 (UTC)