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The Methodology of Empirical Macroeconomics

by Kevin D. Hoover
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Current price ₹4,086.00
Original price ₹4,160.00
Original price ₹4,160.00
Original price ₹4,160.00
(-2%)
₹4,086.00
Current price ₹4,086.00

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Book cover type: Paperback
  • ISBN13: 9780521003216
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 200
  • Original Price: GBP 32.0
  • Language: English
  • Edition: N/A
  • Item Weight: 300 grams
  • BISAC Subject(s): Economics / Macroeconomics

Economic methodology typically focuses on microeconomic theory. The Methodology of Empirical Macroeconomics breaks new ground by focusing instead on the genuine problems that arise for macroeconomists trying to relate theory to data. It demonstrates that with careful attention to actual macroeconomic practice, economic methodology and the philosophy of science help to resolve problems faced by working macroeconomists. Some issues addressed are: the relationship between theoretical models and empirical observations; microfoundations for macroeconomics; the scope and nature of economic laws, the role of idealizations, methodological individualism, and the problem of causality.

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