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Meaning of microfoundation | Babel Free

Noun CEFR C2

Definitions

A microeconomic foundation for a macroeconomic theory or system

Examples

“But whether such microfoundations are necessary at all is not entirely clear.”

CEFR level

C2

Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

See also

microfoundations microfraction microfractionation microfractionator microfractography microfracture