Economic Methodology: An Inquiry

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Oxford University Press, 2002 - Business & Economics - 206 pages
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Economic Methodology: An Inquiry presents a clear and accessible introduction to the methodology of economics. An essential introduction to the subject for those who would like to pursue the more specialist literature, explaining both the role of methodology in assisting economists to addressfundamental issues and also the different approaches to methodology that are on offer. The book begins with a discussion of the nature and scope of economics as a discipline and of the issues currently facing it. Dow then goes on to introduce some of the central theoretical and empirical issues in economics and demonstrates the need for methodological awareness in approaching theseissues. This is followed by a brief account of the methodological ideas that have influenced economics over the last two centuries and a detailed chapter on current methodological ideas, showing how they are discussed today in the field of economic methodology and how these ideas are related tocurrent practice in economics. The book concludes with a discussion of what economics can reasonably be expected to do and what possible future directions the subject might take. Written in a clear and accessible style with suggestions for further reading at the end of each chapter, this book will be the ideal starting point for all those wanting an introduction to the methodology of economics, both as it has developed in the past and as it now stands.

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About the author (2002)


Sheila Dow is Professor of Economics at Stirling University.

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