Mainstream Economics in the Early 21st Century: What, How and How Far

This essay defines economics as a social science characterized by a particular and evolving way of thinking, and explores its scope and limitations. It is argued that economics has a strong normative nature and that it is ideological by construction. Thus, economics is better suited to improve our u...

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Autores:
Vallejo, Hernán
Tipo de recurso:
Work document
Fecha de publicación:
2012
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
spa
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/41018
Acceso en línea:
http://hdl.handle.net/1992/41018
Palabra clave:
Economic methodology
Economic education
A20, B20, B40
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
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spelling Al consultar y hacer uso de este recurso, está aceptando las condiciones de uso establecidas por los autores.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Vallejo, Hernána298e3a1-5254-4ee3-9f6a-746dae08b5764002020-07-28T17:15:39Z2020-07-28T17:15:39Z20121657-5334http://hdl.handle.net/1992/410181657-719110.57784/1992/41018instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/This essay defines economics as a social science characterized by a particular and evolving way of thinking, and explores its scope and limitations. It is argued that economics has a strong normative nature and that it is ideological by construction. Thus, economics is better suited to improve our understanding of economic phenomena, contribute to solve better current problems and generate a sufficiently large and lasting consensus, than to prove anything for sure. Some reasons for persistent differences among economists are trade-offs, problems measuring economic variables and deficient definitions for key concepts. Thus, economics education should seek constructing explicitly the economics way of thinking and maintaining focus on optimal policy intervention, while its practice should aim at clarity, transparency, tractability, consistency, replicability, applicability, relevance and responsibility.40 páginasspaUniversidad de los Andes, Facultad de Economía, CEDEDocumentos CEDE No. 19 Agosto de 2012https://ideas.repec.org/p/col/000089/010013.htmlMainstream Economics in the Early 21st Century: What, How and How FarDocumento de trabajoinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttps://purl.org/redcol/resource_type/WPEconomic methodologyEconomic educationA20, B20, B40Facultad de EconomíaPublicationORIGINALdcede2012-19.pdfdcede2012-19.pdfapplication/pdf603235https://repositorio.uniandes.edu.co/bitstreams/eb544ce1-e942-4a52-99e9-de95d7aae2f4/downloadd310cc95cfeb8c366ca6b0c79ac6a597MD51TEXTdcede2012-19.pdf.txtdcede2012-19.pdf.txtExtracted texttext/plain93933https://repositorio.uniandes.edu.co/bitstreams/e8b85c66-6035-4716-916d-665440fe9dd9/downloadc997aa2451b80f698b120be41f5b6f7dMD54THUMBNAILdcede2012-19.pdf.jpgdcede2012-19.pdf.jpgIM Thumbnailimage/jpeg29164https://repositorio.uniandes.edu.co/bitstreams/9bc96ca7-5c22-43b5-9973-8d1453d5d376/downloada74ccbe521d4396f5f479b23b1837695MD551992/41018oai:repositorio.uniandes.edu.co:1992/410182024-06-04 15:32:47.278http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.co
dc.title.none.fl_str_mv Mainstream Economics in the Early 21st Century: What, How and How Far
title Mainstream Economics in the Early 21st Century: What, How and How Far
spellingShingle Mainstream Economics in the Early 21st Century: What, How and How Far
Economic methodology
Economic education
A20, B20, B40
title_short Mainstream Economics in the Early 21st Century: What, How and How Far
title_full Mainstream Economics in the Early 21st Century: What, How and How Far
title_fullStr Mainstream Economics in the Early 21st Century: What, How and How Far
title_full_unstemmed Mainstream Economics in the Early 21st Century: What, How and How Far
title_sort Mainstream Economics in the Early 21st Century: What, How and How Far
dc.creator.fl_str_mv Vallejo, Hernán
dc.contributor.author.none.fl_str_mv Vallejo, Hernán
dc.subject.keyword.none.fl_str_mv Economic methodology
Economic education
topic Economic methodology
Economic education
A20, B20, B40
dc.subject.jel.none.fl_str_mv A20, B20, B40
description This essay defines economics as a social science characterized by a particular and evolving way of thinking, and explores its scope and limitations. It is argued that economics has a strong normative nature and that it is ideological by construction. Thus, economics is better suited to improve our understanding of economic phenomena, contribute to solve better current problems and generate a sufficiently large and lasting consensus, than to prove anything for sure. Some reasons for persistent differences among economists are trade-offs, problems measuring economic variables and deficient definitions for key concepts. Thus, economics education should seek constructing explicitly the economics way of thinking and maintaining focus on optimal policy intervention, while its practice should aim at clarity, transparency, tractability, consistency, replicability, applicability, relevance and responsibility.
publishDate 2012
dc.date.issued.none.fl_str_mv 2012
dc.date.accessioned.none.fl_str_mv 2020-07-28T17:15:39Z
dc.date.available.none.fl_str_mv 2020-07-28T17:15:39Z
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dc.language.iso.none.fl_str_mv spa
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dc.relation.ispartofseries.none.fl_str_mv Documentos CEDE No. 19 Agosto de 2012
dc.relation.repec.SPA.fl_str_mv https://ideas.repec.org/p/col/000089/010013.html
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dc.format.extent.none.fl_str_mv 40 páginas
dc.publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
publisher.none.fl_str_mv Universidad de los Andes, Facultad de Economía, CEDE
institution Universidad de los Andes
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