Skip to main content

Concept File - Methods of Economic Reasoning.

Based on Writings of Robbins:

Deductive Logic:

The Primacy of Deductive Logic: In 1.4.1.

Economics as the Logic of Choice: In 1.5.4.

The Limitations of Economic Laws: In 1.5.5.

Inductive Logic:

Role of Empirical Methods: In 1.5.1.

(Operationalization, Measurement, Logical Gap, Logical Contradiction.) 

       Limitations of Observational Studies for Derivation of Laws: In 1.4.4.

                Two Problems of Empirics: In 1.5.2