nanoeconomics

English

Etymology

nano- +‎ economics

Noun

nanoeconomics (uncountable)

1. Economics at a lower level than microeconomics, sometimes dealing with individual transactions.
   • 1997, J. Rogers Hollingsworth, Contemporary Capitalism: The Embeddedness of Institutions, page 259:

     This is an area defined by Arrow (1976) as nanoeconomics, and is characteristic of the new institutional microeconomy.