We distinguish between two different strategies in methodology of economics. The big picture strategy, dominant the twentieth century, ascribed to economics a unified method and evaluated this against single criterion ‘science’. In last thirty years second strategy gained prominence: fine-grained studies how some specific technique common can achieve one or more epistemic goal. argue that recen...

Econometrics has become an integral part of training in modern economics and business. Together with microeconomics and macroeconomics, econometrics has been taught as one of the three core courses in most undergraduate and graduate economic programs in North America. In China, the importance of econometrics has been increasingly recognized and econometric tools and methods have been widely emp...

this paper examines critically the contributions of cournot, jevons and walras as the founders of classical mathematical economics from a methodological standpoint. advances in different economic schools and doctrines in the 19th century produced an environment of multi-dimensionality in economic analysis which was regarded by the pioneers of classical mathematical economists as a chaotic state...

He has published on many areas in the philosophy, history, ethics, and methodology of economics. His published monographs include Keynes's philosophical development (Cambridge, 1994); The theory of the individual in economics (Routledge, 2003); and Individuals and identity in economics (Cambridge, 2011). He co-authored Economic methodology: understanding economics as a science (Palgrave, 2010) ...

in spite of sonic pessimistic attitudes towards methodology of economics, it has succeeded as a central theme in numerous books, refereed journals, international conferences and symposiums whose volume is increasing at an unprecedented rate. the proliferation of methodological literature also is accompanied by a proliferation of issues that concern: the goals of economics, realism of economics,...

Although the philosophy of economics has thrived during periods crisis, it is by no means clear that will continue to do so. Have philosophers wasted important opportunities past decade? If so, why? Is there anything learn from this experience? What should we now another crisis in making?

This paper investigates whether since the 1980s neoclassical economics has been in the process of being supplanted as the dominant research programme in economics by a collection of competing research approaches which share relatively little in common with each other or with neoclassical economics. A shortlist of the new approaches in recent economics includes game theory, experimental economic...