The Methodology Of Macroeconomic Thought
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The Methodology of Macroeconomic Thought
The Methodology of Macroeconomic Thought explores four different schools of thought in economics - the Neo-Austrian, Neo-Classical, Post-Keynesian and Marxian traditions - to understand their methodological foundations in their own terms.
The Methodology of Empirical Macroeconomics
Author: Kevin D. Hoover
language: en
Publisher: Cambridge University Press
Release Date: 2001-10-11
The Methodology of Empirical Macroeconomics stakes out a pragmatic middle-ground between traditional, prescriptive economic methodology and recent descriptive (sociological or rhetorical) methodology. The former is sometimes seen as arrogantly telling economists how to do their work and the latter as irrelevant to their practice. The lectures are built around a case study of a concrete example of macroeconomic analysis. They demonstrate that economic methodology and the philosophy of science offer insights that help to resolve the genuine concerns of macroeconomists. Some examples of questions addressed include: What is the relationship between theoretical models and empirical observations? What is the relevance of macroeconomics to policy? Should macroeconomics be viewed as a special case of microeconomics? What is the place of long-standing philosophical issues in macroeconomics, such as the scope and nature of economic laws, the role of idealizations, methodological individualism, and the problem of causality?
The Evolution of Macroeconomic Theory and Policy
Author: Kamran Dadkhah
language: en
Publisher: Springer Science & Business Media
Release Date: 2009-07-25
The Great Depression of the 1930s gave birth to a branch of economics christened macroeconomics. This highly readable book presents an unconventional and timely perspective on macroeconomics – the interplay of theory and policy in a historical context.