Due to its formality and highly analytic thinking, economics is often attributed a leading role among the social sciences and a prominent position as contributor to economic or social issues in the real world. Fact is, however, that the empirical proof for such a claim is either missing or anecdotal. This paper aims to outline the “economics of economics”. It surveys and compares approaches of impact measurement such as a production function of economics or the demand and supply of trained economists. It furthermore discriminates between the impact of economic ideas versus that of economists as scientists or politicians.
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Paper provided by Institute for Empirical Research in Economics - IEW in its series IEW - Working Papers with number
iewwp024.
Find related papers by JEL classification: A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
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