Critics and proponents of these models disagreed as to whether these aggregate relationships were consistent with the principles of microeconomics. There, bridging these two domains continues to be a topic of debate for organizational, management and strategy scholars. As a result, microfoundations has become a topic of greater interest to researchers as it explores how micro and macro areas connect.

The microfoundations project

The microfoundations project was developed on the basis that if macroeconomics is associated with

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