microfoundation

A microeconomic foundation for a macroeconomic theory or system

Noun

  1. A microeconomic foundation for a macroeconomic theory or system
    • But whether such microfoundations are necessary at all is not entirely clear. - 2015 October 24, “Learning What to Want: Context-Sensitive Preference Learning”, in PLOS ONE, →DOI:

Origin

From micro- + foundation.

Forms

microfoundations