Routledge Handbook of Macroeconomic Methodology
1st Edition
Published on 19. December 2024
Book
Paperback/Softback
360 pages
978-1-032-46349-0 (ISBN)
Description
The present macroeconomic crisis has demonstrated that a deeper understanding of the importance of relevant macroeconomic theories and methods is wanting. Additionally, lack of methodological awareness is behind much of the disagreement within macroeconomics which, looked upon from outside, often appears incomprehensible.
The Handbook gives a structured presentation of the study of principles and procedures by which macroeconomics is researched, taught and communicated both within academia and to a wider audience, and why specific theories, research strategies and teaching are preferred. The principles of selecting theory relevant to real-world problems are the core of methodology. This book contains a broad range of arguments behind theory construction and appraisal and the consequences of these choices within the field of macroeconomics.
An international range of experts provide clear analysis of key concepts, ideas and principles to give academics, students and others a better understanding of the macroeconomics behind policy conclusions which are put forward at different levels.
The Handbook gives a structured presentation of the study of principles and procedures by which macroeconomics is researched, taught and communicated both within academia and to a wider audience, and why specific theories, research strategies and teaching are preferred. The principles of selecting theory relevant to real-world problems are the core of methodology. This book contains a broad range of arguments behind theory construction and appraisal and the consequences of these choices within the field of macroeconomics.
An international range of experts provide clear analysis of key concepts, ideas and principles to give academics, students and others a better understanding of the macroeconomics behind policy conclusions which are put forward at different levels.
Reviews / Votes
"Within the bulk of the existing literature on economic methodology the distinctive methodological questions concerning the methodology of macroeconomics, despite their relevance, have been so far comparatively neglected. This comprehensive Handbook eventually fills the gap in a way that would be hard to beat. It deserves, therefore, to be warmly recommended to all readers with an interest in the methodology and philosophy of economics, in the history of economic thought and, last but not least, in macroeconomics per se."Andrea Salanti, University of Bergamo
"Due to the economic crises of recent years there is an increasing interest by students to look for answers outside the mainstream macroeconomic understanding. As such, students are not only looking for an alternative theoretical macroeconomic universe, they are also increasingly interested in methodological aspects of macroeconomic theory. With the publication of Routledge Handbook of Macroeconomic Methodology students with an interest in Macroeconomic Theory and the History of Economic Thought are offered an updated advanced book on a huge number of relevant methodological questions."
Finn Olesen, Aalborg University, Denmark
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
Academic, Postgraduate, and Undergraduate
Illustrations
4 s/w Abbildungen, 4 s/w Zeichnungen, 3 s/w Tabellen
3 Tables, black and white; 4 Line drawings, black and white; 4 Illustrations, black and white
Dimensions
Height: 246 mm
Width: 174 mm
Thickness: 21 mm
Weight
679 gr
ISBN-13
978-1-032-46349-0 (9781032463490)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Jesper Jespersen | Victoria Chick | Bert Tieben
Routledge Handbook of Macroeconomic Methodology
Book
06/2023
1st Edition
Routledge
€285.10
Shipment within 10-20 days
Jesper Jespersen | Victoria Chick | Bert Tieben
Routledge Handbook of Macroeconomic Methodology
E-Book
06/2023
1st Edition
Routledge
€61.99
Available for download
Jesper Jespersen | Victoria Chick | Bert Tieben
Routledge Handbook of Macroeconomic Methodology
E-Book
06/2023
1st Edition
Routledge
€61.99
Available for download
Persons
Jesper Jespersen is professor emeritus at Roskilde University, Denmark. His research interests include the economics of Keynes and macroeconomic methodology.
Victoria Chick is professor emeritus at University College London, UK. She has written extensively on macroeconomics and the economics of Keynes.
Bert Tieben is researcher at SEO Amsterdam Economics, the Netherlands. He also teaches history of economic thought at Amsterdam University College. His research focuses on economic methodology and the history of economic thought.
Victoria Chick is professor emeritus at University College London, UK. She has written extensively on macroeconomics and the economics of Keynes.
Bert Tieben is researcher at SEO Amsterdam Economics, the Netherlands. He also teaches history of economic thought at Amsterdam University College. His research focuses on economic methodology and the history of economic thought.
Content
Introduction: The scope and content of the Handbook I. Philosophy of Science Perspectives I.1. Methodological Individualism and Macroeconomics I.2. Deduction, Induction and Abduction I.3. Instrumentalism I.4 From positivism to naturalism in macroeconomics I.5. Holism & Fallacy of Composition I.6. Macroeconomics and Ethics II. Concepts II.1 Time in Macroeconomics II.2 Uncertainty and Macroeconomic Methodology II.3 Path dependency II.4 Equilibrium II.5 Causality and macroeconomics II.6 Microeconomic foundation of macroeconomics II.7 Open and closed systems II.8. Money and Macroeconomic Methodology III. Schools of Thought III.1. Classical Political Economy III.2. Neoclassical Macroeconomics III.3. Keynes's Macroeconomic Method III.4. Post Keynesian Methodology III.5. The Austrian Denial of Macroeconomics III.6. What was Marx's Method, actually? III.7. Methodological Pluralism in Macroeconomics IV. Models, Econometrics and Measurement IV.1. Use of Mathematics in macroeconomic analysis IV.2. Explanation and Forecasting IV.3. Using macroeconomic models in policy practice IV.4. Traditional Methods of Macroeconometrics IV.5. Macroeconometrics: Cointegrated VAR Method IV.6. National Accounts and Macroeconomic Methodology V. Communicating Macroeconomics V.1. The rhetorical perspective on macroeconomics V.2. Teaching Macroeconomic Methodology