The irreducibility of macro to microeconomics: a methodological approach

Detalhes bibliográficos
Autor(a) principal: BRESSER-PEREIRA,LUIZ CARLOS
Data de Publicação: 1996
Outros Autores: LIMA,GILBERTO TADEU
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571996000200175
Resumo: ABSTRACT This paper criticizes the idea, widespread today, of the need to seek micro-foundations for macroeconomics. The authors argue that these two fields of economics, micro and macroeconomics, use different methodological approaches. Microeconomics deals with economic problems according to a logical-deductive methodology, while macroeconomics is more characterized by a historical-inductive approach. The attempt to reduce macroeconomics to microeconomics, or vice versa, brings only an impoverishment to science and economic debate, in which, ideally, there should be room for a great pluralism of ideas and theoretical currents.
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spelling The irreducibility of macro to microeconomics: a methodological approachEconomic methodologymicrofoundations of macroeconomicsABSTRACT This paper criticizes the idea, widespread today, of the need to seek micro-foundations for macroeconomics. The authors argue that these two fields of economics, micro and macroeconomics, use different methodological approaches. Microeconomics deals with economic problems according to a logical-deductive methodology, while macroeconomics is more characterized by a historical-inductive approach. The attempt to reduce macroeconomics to microeconomics, or vice versa, brings only an impoverishment to science and economic debate, in which, ideally, there should be room for a great pluralism of ideas and theoretical currents.Centro de Economia Política1996-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571996000200175Brazilian Journal of Political Economy v.16 n.2 1996reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31571996-0956info:eu-repo/semantics/openAccessBRESSER-PEREIRA,LUIZ CARLOSLIMA,GILBERTO TADEUeng2022-08-11T00:00:00Zoai:scielo:S0101-31571996000200175Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2022-08-11T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv The irreducibility of macro to microeconomics: a methodological approach
title The irreducibility of macro to microeconomics: a methodological approach
spellingShingle The irreducibility of macro to microeconomics: a methodological approach
BRESSER-PEREIRA,LUIZ CARLOS
Economic methodology
microfoundations of macroeconomics
title_short The irreducibility of macro to microeconomics: a methodological approach
title_full The irreducibility of macro to microeconomics: a methodological approach
title_fullStr The irreducibility of macro to microeconomics: a methodological approach
title_full_unstemmed The irreducibility of macro to microeconomics: a methodological approach
title_sort The irreducibility of macro to microeconomics: a methodological approach
author BRESSER-PEREIRA,LUIZ CARLOS
author_facet BRESSER-PEREIRA,LUIZ CARLOS
LIMA,GILBERTO TADEU
author_role author
author2 LIMA,GILBERTO TADEU
author2_role author
dc.contributor.author.fl_str_mv BRESSER-PEREIRA,LUIZ CARLOS
LIMA,GILBERTO TADEU
dc.subject.por.fl_str_mv Economic methodology
microfoundations of macroeconomics
topic Economic methodology
microfoundations of macroeconomics
description ABSTRACT This paper criticizes the idea, widespread today, of the need to seek micro-foundations for macroeconomics. The authors argue that these two fields of economics, micro and macroeconomics, use different methodological approaches. Microeconomics deals with economic problems according to a logical-deductive methodology, while macroeconomics is more characterized by a historical-inductive approach. The attempt to reduce macroeconomics to microeconomics, or vice versa, brings only an impoverishment to science and economic debate, in which, ideally, there should be room for a great pluralism of ideas and theoretical currents.
publishDate 1996
dc.date.none.fl_str_mv 1996-06-01
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dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571996000200175
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dc.language.iso.fl_str_mv eng
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dc.relation.none.fl_str_mv 10.1590/0101-31571996-0956
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dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.16 n.2 1996
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