In this updated second edition of Economic Methodology, the authors bring together a wealth of research and teaching experience. While explaining the principles of economic methodology, they also contextualize it within the broader philosophy of science tradition.
Economic Methodology:
• explores the status and character of economics as a social science, from when economic methodology gained formal recognition in the 1980s until today
• discusses the influence of the philosophy of science, particularly the reaction against logical positivism as exemplified by Popper, Kuhn, and Lakatos
• provides material for reflection throughout the book, including 'So what?' and 'Focus' sections, which discuss related practices or themes
Aimed at students coming to the subject for the first time, this concise, accessible textbook will help undergraduate and postgraduate students gain a thorough understanding of economics as a science.
Explores the status and character of economics as a social science and introduces students to wider philosophical issues underlying modern science.
One of the few books looking at economics from a philosophy of science perspective
The authors write in such a way as to initiate debate, encouraging students to understand assumptions and reasoning, and determine the merits of them.
Marcel Boumans
economics economic methodology economics as a science philosophy of science for economists value judgments in economics