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Epistemological Considerations on Complexity Economics

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  • Ciote Cristina Steliana

    ()
    („Spiru Haret” University of Bucharest Faculty of Financial Management and Accounting Constanta)

Abstract

Subject of numerous recent debates among economist researchers, complexity economics takes a whole new approach regarding economics, namely a holistic one. Although the phrase ‘complexity economics’ is recent, the holistic approach is however not a new subject, the ideas referring to economic systems being continuously sculptured for hundreds of years. Undergoing an incursion in time, we find a series of ideas which precede the complexity paradigm in economics. Leaving it up to the experts in management and marketing to describe the concrete aspects regarding the organization and markets mechanisms in the new era of ‘turbulence’, our attention is brought to the general economic theory, an unlimited source of fundamental ideas on any subject regarding economics. From here on in, one could easily transgress to new functional economic sciences, such as management, which has been listing among its latest preoccupations the identification of alternative management models, based on chaos theory.

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Bibliographic Info

Article provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.

Volume (Year): XI (2011)
Issue (Month): 2 (May)
Pages: 208-213

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Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:208-213

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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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Keywords: complexity economics; complexity theory; holistic view.;

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