Is Macroeconomics a Science?

This paper was written as the first draft of the invited Foreword for the book, Money and the Economy, by Apostolos Serletis. The paper provides a critical view of those areas in which methodology in economics deviates from that in the physical sciences, provides examples and illustrations of those deviations, and emphasizes those areas of and approaches to economic research that most closely correspond with the nature of research in the physical sciences.

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Year of publication:	2006-01-30
Authors:	Barnett, William A.
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	science \| social science \| politics \| Federal Reserve \| monetary policy

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	B41 - Economic Methodology ; A11 - Role of Economics; Role of Economists; Market for Economists ; C00 - Mathematical and Quantitative Methods. General ; B20 - History of Economic Thought since 1925. General ; A10 - General Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005836309