While methodological sciences have no object and are supposed to adopt a hypothetical-deductive method, substantive sciences including economics should use an empirical or historical-deductive method. The great classical ...

Many economists show certain nonconformity relative to the excessive mathematical formalization of economics. This stems from dissatisfaction with the old debate about the lack of correspondence between mainstream theoretical ...

The hard core of neoclassical economics (general equilibrium, rational expectations macroeconomics, and endogenous growth models) is essentially mistaken because it adopts a hypothetical-deductive method that is suitable ...

En Ciencia Política se puede abordar el estudio de lo que se quiera, siempre y cuando se ajuste a un método que permita avanzar en el conocimiento válido y fiable de la realidad que se estudia. Este trabajo pretende ...

Economic theory deals with a complex reality, which may be seen through various perspectives, using different methods. Economics’ three major branches – development economics, macroeconomics, and microeconomics – cannot ...

Planning research projects is a challenge that many students fail to successfully overcome. A lack of formal training in research planning and design, an excessive emphasis on analysis rather than on ideas and a lack of a ...

This paper proposes a classification of economic models into three types: historical, axiomatic and conditional. Historical or empirical models utilize the historical-deductive method, and are generalizations from the ...