Question

What is microeconomics?

Answer 1

it is the study of an individual.

Answer 2

The part of economics concerned with single factors and the effects of individual decisions.
or
Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
or
Microeconomics is the science of how people make decisions at the small scale. It is different from macroeconomics which looks at how the economy works as a whole ("on aggregate"). ... Some parts of microeconomics include Consumer Theory and Theory of the Firm, which study how people and businesses make decisions.

Examples- individual income, individual output, price of a commodity , supply chart of Tata motors etc.

Hope this will help you