UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

For the quarterly period ended June 30, 2002
                               -------------

[]   TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR  15(d)  OF THE  SECURITIES
     EXCHANGE ACT OF 1934

For the transition period from ___________ to __________

Commission File No. 33-55254-36
                    -----------

                              MICRO-ECONOMICS, INC.
                              ---------------------
             (Exact name of Registrant as specified in its charter)


       NEVADA                                     87-0485314
-------------------------------              ---------------------
(State or other jurisdiction of              (I.R.S. Employer
incorporation or organization)              Identification Number)

1800 E. SAHARA, SUITE 107
LAS VEGAS, NEVADA                                        89104
(Address of principal executive offices)              (Zip Code)

Registrant's telephone number, including area code (801) 485-7775
                                                   --------------


     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. [X] Yes [ ] No

     Indicate the number of shares outstanding of each of the registrant's
classes of common stock, as of the latest practicable date.

             Class                                Outstanding as of August, 2002
------------------------------------              ------------------------------
$.001 PAR VALUE CLASS A COMMON STOCK                    1,000,000 SHARES






<PAGE>



                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.

     The accompanying unaudited financial statements have been prepared in
accordance with the instructions to Form 10-QSB and, therefore, do not include
all information and footnotes necessary for a complete presentation of financial
position, results of operations, cash flows and stockholders' equity in
conformity with generally accepted accounting principles. In the opinion of
management, all adjustments considered necessary for a fair presentation of the
results of operations and financial position have been included and all such
adjustments are of a normal recurring nature. Operating results for the quarter
ended June 30, 2002, are not necessarily indicative of the results that can be
expected for the year ending December 31, 2002.

Item 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations.

     The Company has not received any income nor incurred any expenses other
than accounting fees, has had limited operational history and has yet to engage
in business of any kind. All risks inherent in new and inexperienced enterprises
are inherent in the Company's business. The Company has not made a formal study
of the economic potential of any business. At the present, the Company has not
identified any assets or business opportunities for acquisition.

     As of August, 2002, the Company has no liquidity and no presently available
capital resources, such as credit lines, guarantees, etc. and should a merger or
acquisition prove unsuccessful, it is possible that the Company may be dissolved
by the State of Nevada for failing to file reports, at which point the Company
would no longer be a viable corporation under Nevada law and would be unable to
function as a legal entity. Should management decide not to further pursue its
acquisition activities, management may abandon its activities and the shares of
the Company would become worthless. However, the Company's officers, directors
and major shareholder have made an oral commitment to make loans to the Company
in amounts sufficient to enable it to satisfy its reporting requirements and
other obligations incumbent on it as a public company, and to commence, on a
limited basis, the process of investigating possible merger and acquisition
candidates. The Company's status as a publicly-held corporation may enhance its
ability to locate potential business ventures. The loans will be interest free
and are intended to be repaid at a future date, if or when the Company shall
have received sufficient funds through any business acquisition. The loans are
intended to provide for the payment of filing fees, printing and copying fees
and other miscellaneous fees.

     Based on current economic and regulatory conditions, Management believes
that it is possible, if not probable, for a company like the Company, without
assets or liabilities, to negotiate a merger or acquisition with a viable
private company. The opportunity arises principally because of the high legal
and accounting fees and the length of time associated with the registration
process of "going public". However, should any of these conditions change, it is
very possible that there would be little or no economic value for anyone taking
over control of the Company.

Item 3.  Quantitative and Qualitative Disclosures About Market Risk.

     The Company has no market risk sensitive instruments or market risk
exposures.


<PAGE>

                              MICRO-ECONOMICS, INC.
                          (A Development Stage Company)
                                 BALANCE SHEETS




<TABLE>
<CAPTION>
                                                                       6/30/02                       12/31/01
                                                                       Unaudited                     Audited
                                                                  -------------------        ------------------
         ASSETS
CURRENT ASSETS
<S>                                                               <C>                        <C>
     Cash in bank                                                 $                 0        $                0
                                                                  -------------------        ------------------

                                        TOTAL CURRENT ASSETS                        0                         0
                                                                  -------------------        ------------------

                                                                  $                 0        $                0
                                                                  ===================        ==================

         LIABILITIES & EQUITY (DEFICIT)
CURRENT LIABILITIES
     Accounts payable                                             $                 0        $                0
                                                                  -------------------        ------------------

                                   TOTAL CURRENT LIABILITIES                        0                         0

STOCKHOLDERS' EQUITY (DEFICIT) Common Stock $.001 par value:
      Authorized - 25,000,000 shares
      Issued and outstanding 1,000,000 shares                                   1,000                     1,000
     Additional paid-in capital                                                   666                       666
     Deficit accumulated during
      the development stage                                                    (1,666)                   (1,666)
                                                                  -------------------        ------------------

TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                                0                         0
                                                                  -------------------        ------------------

                                                                  $                 0        $                0
                                                                  ===================        ==================
</TABLE>


<PAGE>



                              MICRO-ECONOMICS, INC.
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)



<TABLE>
<CAPTION>
                                                                                                                 3/14/90
                                                                                                                 (Date of
                                                              Three months ended         Six months ended      inception) to
                                                             6/30/02      6/30/01      6/30/02       6/30/01      6/30/02
                                                             -------      -------      -------       -------      -------
<S>                                                          <C>          <C>          <C>           <C>          <C>
Net Sales                                                    $     0      $     0      $     0       $     0      $     0
Cost of sales                                                      0            0            0             0            0
                                                             -------      -------      -------       -------      -------
                         GROSS PROFIT                              0            0            0             0            0

General & administrative expenses                                  0            0            0             0        1,666
                                                             -------      -------      -------       -------      -------

                         NET LOSS                            $     0      $     0      $     0       $     0      $(1,666)
                                                             =======      =======      =======       =======      =======

Net income (loss) per weighted average share                 $   .00      $   .00      $   .00       $   .00
                                                             =======      =======      =======       =======

Weighted average number of common shares
    used to compute net incom (loss) per
    weighted average share                                 1,000,000    1,000,000    1,000,000     1,000,000
                                                           =========    =========    =========     =========
</TABLE>

<PAGE>



                                                    MICRO-ECONOMICS, INC.
                                                (A Development Stage Company)
                                                  STATEMENTS OF CASH FLOWS
                                                         (Unaudited)



<TABLE>
<CAPTION>
                                                                                                                 3/14/90
                                                                                                                 (Date of
                                                              Three months ended         Six months ended      inception) to
                                                             6/30/02      6/30/01      6/30/02       6/30/01      6/30/02
                                                         ------------ ------------ ------------ ------------ ------------
OPERATING ACTIVITIES
<S>                                                      <C>          <C>          <C>          <C>          <C>
     Net income (loss)                                   $          0 $          0 $          0 $          0 $    (1,666)
     Changes in assets and liabilities:
       Accounts payable                                             0            0            0            0           0
                                                         ------------ ------------ ------------ ------------ ------------

                    NET CASH USED BY
                 OPERATING ACTIVITES                                0            0            0            0      (1,666)

INVESTING ACTIVITIES                                                0            0            0            0           0
                                                         ------------ ------------ ------------ ------------ ------------

                    NET CASH USED BY
                INVESTING ACTIVITIES                                0            0            0            0           0

FINANCING ACTIVITIES
      Proceeds from sale of common stock                            0            0            0            0       1,000
      Capital contribution                                                                                           666
                                                         ------------ ------------ ------------ ------------ ------------

               NET CASH  PROVIDED BY
                FINANCING ACTIVITIES                                0            0            0            0       1,666
                                                         ------------ ------------ ------------ ------------ ------------

                   INCREASE  IN CASH
                AND CASH EQUIVALENTS                                0            0            0            0           0

     Cash and cash equivalents
     at beginning of year                                           0            0            0            0           0
                                                         ------------ ------------ ------------ ------------ ------------

             CASH & CASH EQUIVALENTS
                    AT END OF PERIOD                     $          0 $          0 $          0 $          0 $         0
                                                         ============ ============ ============ ============ ===========

</TABLE>



<PAGE>

Item 6.  Exhibits and Reports on Form 8-K.

        Exhibit 99.1  CEO Certification
        Exhibit 99.2  CFO Certification

                                   SIGNATURES

     Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                            MICRO-ECONOMICS, INC.



Dated: August 8, 2002        /s/Krista Nielson
                         -------------------------------------------
                         Krista Nielson, President, CEO and Director




Dated: August 8, 2002         /s/Sasha Belliston
                         ------------------------------------------------------
                         Sasha Belliston, Secretary/Treasurer, CFO and Director


<PAGE>

Exhibit 99.1 CEO Certification

In  connection  with the  quarterly  report on Form 10-QSB for the quarter ended
June 30, 2002 (Report), as filed with the Securities and Exchange Commission, on
the date hereof,  the undersigned  Chief Executive  Officer of  Micro-Economics,
Inc. (the "Company"),  certifies to the best of my knowledge, pursuant to 18 USC
1350, as adopted  pursuant to ss.302 and  promulgated as 18 USC 1350 pursuant to
ss.906 of the Sarbanes-Oxley Act of 2002, that:

1.   The Report referenced above has been read and reviewed by the undersigned.

2.   The Report fully complies with the  requirements  of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934.

3.   The Report  referenced  above does not  contain any untrue  statement  of a
     material fact or omit to state a material  fact  necessary in order to make
     the  statements  made,  in  light of the  circumstances  under  which  such
     statements were made, not misleading.

4.   I acknowledge that the management of the Company is solely  responsible for
     the  fair  presentation  in  the  financial  statements  of  the  financial
     position, results of operations and cash flows of the Company in conformity
     with  accounting  principles  generally  accepted  in the United  States of
     America.

Based upon my knowledge,  the  financial  statements,  and other such  financial
information  included in the report,  fairly present the financial condition and
results of  operations  of the  Company as of and for the period  ended June 30,
2002.

In my  opinion,  the  accompanying  interim  financial  statements,  prepared in
accordance with the instructions for Form 10-QSB,  are unaudited and contain all
material adjustments,  consisting only of normal recurring adjustments necessary
to present fairly the financial condition,  results of operations and cash flows
of the Company for the respective interim periods presented.  The current period
results of operations are not necessarily indicative of results which ultimately
will be reported for the full fiscal year.

Additionally, I acknowledge that the Company's Board of Directors and Management
are solely responsible for adopting sound accounting practices, establishing and
maintaining a system of internal control and preventing and detecting fraud. The
Company's  system of internal  accounting  control is designed to assure,  among
other items, that 1) recorded  transactions are valid; 2) valid transactions are
recorded;  and 3)  transactions  are  recorded in the proper  period in a timely
manner to produce  financial  statements  which  present  fairly  the  financial
condition,  results  of  operations  and  cash  flows  of the  Company  for  the
respective periods being presented.

/s/ Krista Nielson
Krista Nielson, President,
CEO and Director
Dated: August 14, 2002



<PAGE>


Exhibit 99.2 CFO Certification

In  connection  with the  quarterly  report on Form 10-QSB for the quarter ended
June 30, 2002 (Report), as filed with the Securities and Exchange Commission, on
the date hereof,  the undersigned  Chief Financial  Officer of  Micro-Economics,
Inc. (the "Company"),  certifies to the best of my knowledge, pursuant to 18 USC
1350, as adopted  pursuant to ss.302 and  promulgated as 18 USC 1350 pursuant to
ss.906 of the Sarbanes-Oxley Act of 2002, that:

1.   The Report referenced above has been read and reviewed by the undersigned.

2.   The Report fully complies with the  requirements  of Section 13(a) or 15(d)
     of the Securities Exchange Act of 1934.

3.   The Report  referenced  above does not  contain any untrue  statement  of a
     material fact or omit to state a material  fact  necessary in order to make
     the  statements  made,  in  light of the  circumstances  under  which  such
     statements were made, not misleading.

4.   I acknowledge that the management of the Company is solely  responsible for
     the  fair  presentation  in  the  financial  statements  of  the  financial
     position, results of operations and cash flows of the Company in conformity
     with  accounting  principles  generally  accepted  in the United  States of
     America.

Based upon my knowledge,  the  financial  statements,  and other such  financial
information  included in the report,  fairly present the financial condition and
results of  operations  of the  Company as of and for the period  ended June 30,
2002.

In my  opinion,  the  accompanying  interim  financial  statements,  prepared in
accordance with the instructions for Form 10-QSB,  are unaudited and contain all
material adjustments,  consisting only of normal recurring adjustments necessary
to present fairly the financial condition,  results of operations and cash flows
of the Company for the respective interim periods presented.  The current period
results of operations are not necessarily indicative of results which ultimately
will be reported for the full fiscal year.

Additionally, I acknowledge that the Company's Board of Directors and Management
are solely responsible for adopting sound accounting practices, establishing and
maintaining a system of internal control and preventing and detecting fraud. The
Company's  system of internal  accounting  control is designed to assure,  among
other items, that 1) recorded  transactions are valid; 2) valid transactions are
recorded;  and 3)  transactions  are  recorded in the proper  period in a timely
manner to produce  financial  statements  which  present  fairly  the  financial
condition,  results  of  operations  and  cash  flows  of the  Company  for  the
respective periods being presented.

/s/ Sasha Belliston
Sasha Belliston, Secretary/Treasurer,
CFO and Director
Dated: August 14, 2002