The Methodology Of Economic Model Building
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The Methodology Of Economic Model Building Routledge Revivals
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Author : Lawrence A. Boland
language : en
Publisher: Routledge
Release Date : 2014-05-01
The Methodology Of Economic Model Building Routledge Revivals written by Lawrence A. Boland and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-01 with Business & Economics categories.
The major methodological task for modern economists has been to establish the testability of models. Too often, however, methodological assumptions can make a model virtually impossible to test even under ideal conditions, yet few theorists have examined the requirements and problems of assuring testability in economics. In The Methodology of Economic Model Building, first published in 1989, Lawrence Boland presents the results of a research project that spanned more than twenty years. He examines how economists have applied the philosophy of Karl Popper, relating methodological debates about falsifiability to wider discussions about the truth status of models in natural and social sciences. He concludes that model building in economics reflects more the methodological prescriptions of the economist Paul Samuelson than Popper’s ‘falsificationism’. This title will prove invaluable to both students and researchers, and represents a substantial contribution to debates about the scientific status of economics.
The Methodology Of Economic Model Building
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Author : Lawrence A. Boland
language : en
Publisher:
Release Date : 1991
The Methodology Of Economic Model Building written by Lawrence A. Boland and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
Model building has been the backbone of modern economic theory over the last 25 years, and the major methodological task for each model builder has been to establish the testability of each model developed. Too often, though, seemingly innocent modelling assumptions can make a model virtually impossible to test, even under ideal conditions, yet few economic theorists have examined the methodological requirements and problems of assuring testability in economics. Lawrence Boland considers how economists have applied Popper's views on the need for error-detection and testability theories in science. The methodological debates these theories have inspired are related to wider debates on empiricism and the truth status of models in the natural and social sciences. He concludes by arguing that the practice of model building in economics reflects the methodological prescriptions of Samuelson more than the falsification theory usually attributed to Popper.
Economic Model Building
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Author : Frank Neal
language : en
Publisher: Palgrave
Release Date : 1976
Economic Model Building written by Frank Neal and has been published by Palgrave this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Economics categories.
Textbook on the theoretics and methodology of economic model construction - discusses the use of the scientific method and creative thinking in the construction of dynamic models (incl. Economic policy models amd econometrics models), etc. One-page bibliography.
Model Building In Economics
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Author : Lawrence A. Boland
language : en
Publisher: Cambridge University Press
Release Date : 2014
Model Building In Economics written by Lawrence A. Boland and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
"Concern about the role and the limits of modeling has heightened after repeated questions were raised regarding the dependability and suitability of the models that were used in the run-up to the 2008 financial crash. In this book, Lawrence Boland provides an overview of the practices of and the problems faced by model builders to explain the nature of models, the modeling process, and the possibility for and nature of their testing. In a reflective manner, the author raises serious questions about the assumptions and judgments that model builders make in constructing models. In making his case, he examines the traditional microeconomics-macroeconomics separation with regard to how theoretical models are built and used and how they interact, paying particular attention to the use of equilibrium concepts in macroeconomic models and game theory and to the challenges involved in building empirical models, testing models, and using models to test theoretical explanations. Lawrence Boland has been teaching at Simon Fraser University since 1966. He has also taught at the University of Wisconsin-Milwaukee and was a visiting professor in the department of economics at Boston University. At Capilano College and Vancouver Community College, he taught introductorysociology. He is a Fellow of the Royal Society of Canada. Dr. Boland has published six books on economic methodology, including The Foundations of Economic Method: A Popperian Perspective (2003); The Principles of Economics: Some Lies My Teachers Told Me(1992); and The Methodology of Economic Model Building: Methodology after Samuelson (1989)"--
Models Mathematics And Methodology In Economic Explanation
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Author : Donald W. Katzner
language : en
Publisher: Cambridge University Press
Release Date : 2018
Models Mathematics And Methodology In Economic Explanation written by Donald W. Katzner and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Business & Economics categories.
This book provides a practitioner's foundation for the process of explanatory model building, breaking down that process into five stages. Donald W. Katzner presents a concrete example with unquantified variable values to show how the five-stage procedure works. He describes what is involved in explanatory model building for those interested in this practice, while simultaneously providing a guide for those actually engaged in it. The combination of Katzner's focus on modeling and on mathematics, along with his focus on the explanatory performance of modeling, promises to become an important contribution to the field.
Economic Models
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Author : Dipak R. Basu
language : en
Publisher: World Scientific
Release Date : 2009
Economic Models written by Dipak R. Basu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
Model Building is the most fruitful area of economics, designed to solve real-world problems using all available methods such as mathematical, computational and analytical, without distinction. Wherever necessary, we should not be reluctant to develop new techniques, whether mathematical or computational. That is the philosophy of this volume. The volume is divided into three distinct parts: Methods, Theory and Applications. The Methods section is in turn subdivided into Mathematical Programming and Econometrics and Adaptive Control System, which are widely used in econometric analysis. The impacts of fiscal policy in a regime with independent monetary authority and dynamic models of environmental taxation are considered. In the section on "Modelling Business Organization," a model of a Japanese organization is presented. Furthermore, a model suitable for an efficient budget management of a health service unit by applying goal programming method is analyzed, taking into account various socio-economic factors. This is followed by a section on "Modelling National Economies," in which macroeconometric models for the EU member countries are analyzed, to find instruments that stabilize inflation with coordinated action.
Economic Models
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Author :
language : en
Publisher:
Release Date :
Economic Models written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
How Economists Model The World Into Numbers
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Author : Marcel Boumans
language : en
Publisher: Psychology Press
Release Date : 2005
How Economists Model The World Into Numbers written by Marcel Boumans and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Economics is dominated by model building, therefore a comprehension of how such models work is vital to understanding the discipline. This book provides a critical analysis of the economist's favourite tool, and as such will be an enlightening read for some, and an intriguing one for others.
Models And Reality In Economics
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Author : Steven Rappaport
language : en
Publisher:
Release Date : 1998
Models And Reality In Economics written by Steven Rappaport and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
This work addresses philosophy in economics and the conduct of inquiry into economics (What do economists do, and what is economics about?). It opens with a discussion of the work of McCloskey and rhetorical approaches to understanding economics, going on to ask, Is economics a science'.
Mathematics And Methodology For Economics
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Author : Wolfgang Eichhorn
language : en
Publisher: Springer
Release Date : 2016-02-11
Mathematics And Methodology For Economics written by Wolfgang Eichhorn and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-11 with Business & Economics categories.
This book about mathematics and methodology for economics is the result of the lifelong experience of the authors. It is written for university students as well as for students of applied sciences. This self-contained book does not assume any previous knowledge of high school mathematics and helps understanding the basics of economic theory-building. Starting from set theory it thoroughly discusses linear and non-linear functions, differential equations, difference equations, and all necessary theoretical constructs for building sound economic models. The authors also present a solid introduction to linear optimisation and game theory using production systems. A detailed discussion on market equilibrium, in particular on Nash Equilibrium, and on non-linear optimisation is also provided. Throughout the book the student is well supplied with numerous examples, some 2000 problems and their solutions to apply the knowledge to economic theories and models.