Does Macroeconomics Need Microeconomic Foundations?

I argue that it is microeconomics that needs foundations, not macroeconomics. Preferences need to be built on biology, and, in particular, on neuroscience. In contrast, macroeconomics could benefit from rationalizations of aggregate economic phenomena by non-equilibrium statistical physics. --

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Year of publication:	2011
Authors:	Da Silva, Sergio
Publisher:	[2011]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Mikroökonomik \| Microeconomics \| Makroökonomik \| Macroeconomics

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Extent:	1 Online-Ressource (14 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics: The Open-Access, Open-Assessment E-Journal, Vol. 3, 2009-23 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2009 erstellt
Classification:	B22 - Macroeconomics ; B41 - Economic Methodology ; C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; D87 - Neuroeconomics
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013132110