Microfoundation
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Microfoundation is a noun meaning (economics) A microeconomic foundation for a macroeconomic theory or system.
Meaning
(economics) A microeconomic foundation for a macroeconomic theory or system.
Example Sentences
But whether such microfoundations are necessary at all is not entirely clear.
Word Forms
- microfoundations
Related Words
Related dictionary entries include microfoundations, micro, microeconomist, microfund, microeconometrics, microeconomy.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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