The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules

Danny Rodrik’s “Economics Rules” is a book on the methodology of economics that addresses the do’s and don’ts of modeling in economics because, in his view, models make economics a science. Rodrik’s main point in this book is that different social environments require different models, and economist...

Full description

Saved in:
Bibliographic Details
Main Author: Seyed Hossein Mirjalili
Format: Article
Language:fas
Published: Institute for Humanities and Cultural Studies (IHCS) 2020-07-01
Series:پژوهش‌نامۀ انتقادی متون و برنامه‌های علوم انسانی
Subjects:
Online Access:https://criticalstudy.ihcs.ac.ir/article_5388_754a4a7eb90651306e4fd9cdda706cfd.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1841555279706062848
author Seyed Hossein Mirjalili
author_facet Seyed Hossein Mirjalili
author_sort Seyed Hossein Mirjalili
collection DOAJ
description Danny Rodrik’s “Economics Rules” is a book on the methodology of economics that addresses the do’s and don’ts of modeling in economics because, in his view, models make economics a science. Rodrik’s main point in this book is that different social environments require different models, and economists mistake a model with the model. The method of analysis in this review article is analytical, and the aim is to evaluate the content of the book from the perspective of economic methodology. Some challenging issues in the book include ambiguity and amphibology in the title of the book, model reductionism, diversity of models of economic schools, non-model fields of economics, being scientific by method, ambiguity in the concept of critical assumptions, horizontal or vertical progress of economics in macroeconomics, the problem of economics or economists, and the application of Rodrick’s method in the DSGE model in macroeconomics.
format Article
id doaj-art-e8f197cdb1434df18c57a3d6208356d5
institution Kabale University
issn 2383-1650
language fas
publishDate 2020-07-01
publisher Institute for Humanities and Cultural Studies (IHCS)
record_format Article
series پژوهش‌نامۀ انتقادی متون و برنامه‌های علوم انسانی
spelling doaj-art-e8f197cdb1434df18c57a3d6208356d52025-01-08T05:47:43ZfasInstitute for Humanities and Cultural Studies (IHCS)پژوهش‌نامۀ انتقادی متون و برنامه‌های علوم انسانی2383-16502020-07-0120532734310.30465/crtls.2020.30305.18035388The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics RulesSeyed Hossein Mirjalili0Associate Professor of Economics, Institute of Humanities and Cultural StudiesDanny Rodrik’s “Economics Rules” is a book on the methodology of economics that addresses the do’s and don’ts of modeling in economics because, in his view, models make economics a science. Rodrik’s main point in this book is that different social environments require different models, and economists mistake a model with the model. The method of analysis in this review article is analytical, and the aim is to evaluate the content of the book from the perspective of economic methodology. Some challenging issues in the book include ambiguity and amphibology in the title of the book, model reductionism, diversity of models of economic schools, non-model fields of economics, being scientific by method, ambiguity in the concept of critical assumptions, horizontal or vertical progress of economics in macroeconomics, the problem of economics or economists, and the application of Rodrick’s method in the DSGE model in macroeconomics.https://criticalstudy.ihcs.ac.ir/article_5388_754a4a7eb90651306e4fd9cdda706cfd.pdfmodeleconomicsmethodologyreductionismmodel assumptionsprogress of sciencerodrik
spellingShingle Seyed Hossein Mirjalili
The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules
پژوهش‌نامۀ انتقادی متون و برنامه‌های علوم انسانی
model
economics
methodology
reductionism
model assumptions
progress of science
rodrik
title The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules
title_full The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules
title_fullStr The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules
title_full_unstemmed The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules
title_short The Role of Economic Models and Its Challenges; A Methodological Review of Dani Rodrik’s Economics Rules
title_sort role of economic models and its challenges a methodological review of dani rodrik s economics rules
topic model
economics
methodology
reductionism
model assumptions
progress of science
rodrik
url https://criticalstudy.ihcs.ac.ir/article_5388_754a4a7eb90651306e4fd9cdda706cfd.pdf
work_keys_str_mv AT seyedhosseinmirjalili theroleofeconomicmodelsanditschallengesamethodologicalreviewofdanirodrikseconomicsrules
AT seyedhosseinmirjalili roleofeconomicmodelsanditschallengesamethodologicalreviewofdanirodrikseconomicsrules