Society
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Economics
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Social sciences methodology
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Economic theory
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Fundamentals of economics
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History of economic thought, methodology, and heterodox approaches
Relation of economics to other disciplines
Philosophy and economics
Philosophy of economics
Economic methodology
Economic methodology is the study of methods, especially the scientific method, in relation to economics, including principles underlying economic reasoning. In contemporary English, 'methodology'...
Mathematical and quantitative methods (economics)
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Rational choice theory
Mathematical and quantitative methods (economics)
Rational choice theory
Rational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic behavior. Rationality, interpreted as "w...
Wicksellian Differential
The Wicksellian Differential is derived from Knut Wicksell's theory of interest and is an approximation of the extent of disequilibrium in an economy.Formula: Wicksellian Differential = Natural Rate o...
Uncertainty modeling
Uncertainty Modeling is an eclectic research area bringing together economics and engineering. It differs from stochastic modeling.
Definitions of economics
There are a variety of modern definitions of economics. Some of the differences may reflect evolving views of the subject itself or different views among economists. The earlier term for 'economics' w...
Homo economicus
In economics, homo economicus, or economic human, is the concept in many economic theories of humans as rational and narrowly self-interested actors who have the ability to make judgments toward their...
Confrontation analysis
Confrontation analysis (also known as dilemma analysis) is an operational analysis technique used to structure, understand and think through multi-party interactions such as negotiations. It is the un...
Confrontation analysis - Wikipedia
Stylized fact
In social sciences, especially economics, a stylized fact is a simplified presentation of an empirical finding. A stylized fact is often a broad generalization that summarizes some complicated statist...
Essays in Positive Economics
Milton Friedman's book Essays in Positive Economics (1953) is a collection of earlier articles by the author with as its lead an original essay "The Methodology of Positive Economics," on which this a...
Frascati Manual
The Frascati Manual is a document setting forth the methodology for collecting statistics about research and development. The Manual was prepared and published by the Organisation for Economic Co-oper...
Heterodox economics
Heterodox economics refers to methodologies or schools of economic thought that are considered outside of "mainstream economics", often represented by expositors as contrasting with or going beyond ne...
Lagrangian
The Lagrangian, L, of a dynamical system is a mathematical function that summarizes the dynamics of the system. For a simple mechanical system, it is the value given by the kinetic energy of the parti...
Statistics
Statistics is the study of the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, e.g., a scientific, industrial, or societal problem, it is conve...
Recursive economics
Recursive economics is a branch of modern economics based on a paradigm of individuals making a series of two-period optimization decisions over time.
The neoclassical model assumes a one-period u...
Kakutani fixed-point theorem
In mathematical analysis, the Kakutani fixed-point theorem is a fixed-point theorem for set-valued functions. It provides sufficient conditions for a set-valued function defined on a convex, compact s...
Kakutani fixed-point theorem - Wikipedia
Social Choice and Individual Values
Kenneth Arrow's monograph Social Choice and Individual Values (1951, 2nd ed., 1963) and a theorem within it created modern social choice theory, a rigorous melding of social ethics and voting theory ...
Methodological individualism
Methodological individualism is the requirement that causal accounts of social phenomena explain how they result from the motivations and actions of individual agents, at least in principle.
In ne...
Mathematical economics
Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. By convention, the applied methods refer to those beyond simple geometry, su...
Mathematical economics - Wikipedia
Opportunity cost of capital
The opportunity cost of capital is the expected rate of return forgone by bypassing other potential investment activities (the lost opportunity) in choosing a particular use for capital. It is usually...
Experimental economics
Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, a...
Congress: The Electoral Connection
Congress: The Electoral Connection is a book by David Mayhew that applies rational choice theory to the actions of American Congressmen. Mayhew argues that Congressmen are motivated by re-election.May...
Marketplace of ideas
The "marketplace of ideas" is a rationale for freedom of expression based on an analogy to the economic concept of a free market. The "marketplace of ideas" belief holds that the truth will emerge fro...
Works by John Stuart Mill
Pluralism in economics
The pluralism in economics movement is a campaign to 'enrich teaching and research and reinvigorate the discipline... [and bring] economics back into the service of society'. Dalen writes that economi...
Ecological rationality
Ecological rationality is a particular account of practical rationality, which specifies the norms of rational action – what one ought to do in order to be rational. The presently dominant account of ...
Trade-off talking rational economic person
Trade-off talking rational economic person (acronym: T.O.T.R.E.P.) is one term, among various, used to denote, in the field of choice analysis, the rational, human agent of economic decisions.
The...
Value and Capital
Value and Capital is a book by the British economist John Richard Hicks, published in 1939. It is considered a classic exposition of microeconomic theory. Central results include:
The book has 19...
Foundations of Economic Analysis
Foundations of Economic Analysis is a book by Paul A. Samuelson published in 1947 (Enlarged ed., 1983) by Harvard University Press. It sought to demonstrate a common mathematical structure underlying ...
Causation in economics
Causation in economics has a long history with Adam Smith explicitly acknowledging its importance via his (1776) An Inquiry into the Nature and Causes of the Wealth of Nations and David Hume (1739, 1...
History of economic thought
The history of economic thought deals with different thinkers and theories in the subject that became political economy and economics from the ancient world to the present day. It encompasses many dis...
History of economic thought - Wikipedia