methodology of economics

Roger E. Backhouse
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

The methodology of economics concerns the principles underlying economic argumentation. Though systematic reflections on the subject go back at least to the 19th century, the methodology of economics emerged as a recognizable field, at the boundaries of economics, philosophy and science studies, only in the 1980s. This article outlines the way the field developed and its current position.
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How to cite this article

Backhouse, Roger E. "methodology of economics." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 24 October 2014 <http://www.dictionaryofeconomics.com/article?id=pde2008_M000393> doi:10.1057/9780230226203.1093

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