Eyepiece: 

The lens closest to your eye which makes the image from the microscope 10x
bigger.

Arm: The sturdy part of the microscope that hols the eyepiece and microscopic tube.

Revolving Nose Piece: Holds the objective lenses and turns them around.

Objective Lenses: Three different lenses which have different strengths to help look at the
slide at different magnifications.

Stage: The place that holds the slide with the specimen on it

Coarse Focus Knob: It is used to get the slide in focus and able to make out the specimen.
Also to stop the image from being blurry.

Fine Focus Knob: This knob is used to get the image very sharp and clear

Light: Projects light onto the slide

Diaphragm: Controls the amount of light that is projected

Base: The platform to hold the microscope steady