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A Structuralist Theory of Economics (Paperback)
Loot Price: R1,382
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A Structuralist Theory of Economics (Paperback)
Series: Routledge INEM Advances in Economic Methodology
Expected to ship within 12 - 17 working days
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Economists have long grappled with the problem of how economic
theories relate to empirical evidence: how can abstract
mathematized theories be used to produce empirical claims? How are
such theories applied to economic phenomena? What does it mean to
"test" economic theories? This book introduces, explains, and
develops a structural philosophy of economics which addresses these
questions and provides a unifying philosophical/logical basis for a
general methodology of economics. The book begins by introducing a
rigorous view of the logical foundations and structure of
scientific theories based upon the work of Alfred Tarski, Patrick
Suppes, Karl Marx, and others. Using and combining their methods,
the book then goes on to reconstruct important economic theories -
including utility theory, game theory, Marxian economics, Sraffian
economic theory, and econometrics - proving all the main theorems
and discussing the key claims and the empirical applicability of
each theory. Through these discussions, this book presents, in a
systematic fashion, a general philosophy of economics grounded in
the structural view. Offering rigorous formulations of important
economic theories, A Structuralist Theory of Economics will be
invaluable to all readers interested in the logic, philosophy, and
methodology of economics. It will also appeal particularly to those
interested in economic theory.
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