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Routledge Error in Economics - Evidence-Based Methodology

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Description

Explore fundamental questions in economic theory with Error in Economics: Towards a More Evidence-Based Methodology. Published by Routledge as part of the INEM Advances in Economic Methodology series, this book examines the core concepts that shape modern economic thought. It addresses essential policy-relevant questions that impact the welfare of societies, such as the correct concepts behind inflation measures and the relationship between money and business activity. The text investigates whether economic growth is best stimulated by raising aggregate demand or by lowering taxes to provide production incentives. By analyzing the standard approach of building models based on theory and applying results to real-world phenomena, this work provides a deep look at how data is used to test economic models. This book is an important resource for those studying political economy and the methodologies used to understand complex economic systems.

Key Features

Examines fundamental economic questions regarding inflation measures and their impact on society.

Analyzes the relationship between money and business activity to understand economic drivers.

Evaluates different methods for stimulating growth, including aggregate demand and tax incentives.

Provides insight into the standard modeling approach used in economic theory and application.

Part of the Routledge INEM Advances in Economic Methodology series for academic study.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
16 August 2007
Listed Since
26 January 2007

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