Methodology of Economics

Course Code: 
1430
Semester: 
4th
Specialization Courses
Specialization: Economic Theory and Policy

Course Description

 
Introduction to methodology. Science methods. Deduction, Induction and Hypothetico-deductive method, Principles and rules of scientific work and research: constructing hypothesis, test hypothesis. Technics. Mathematical and Econometric models. Methodological individualism versus holism in economic theory, Classical model. Neoclassical model. Keynesian model. Theory and practice.