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Economics as a Science: An Approach from the Viewpoint of Complexity

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  • González, Wenceslao J.

Abstract

Within the philosophical-methodological context of analysis, this paper deals with central issues regarding economics as a science, where the focus of attention is on the viewpoint of complexity. In this regard, several steps are taken in the contents: first, the characteristic features of science and the case of economics (constitutive elements, thematic diversification and the place of this discipline within the system of knowledge); second, economics as an applied design science that faces the problem of complexity (from an ontological and epistemological perspectives, which are articulated in the structural side and the dynamic dimension); third, the scientific status of economics according to the epistemological and methodological criteria that have been dominant so far, and which have a direct connection to prediction; and, finally –as a coda– the role of mathematical models regarding economics, within the framework of a comparison between the different kinds of science. These steps look for relevant aspect of each issue analyzed, taking into account that the main aim is a contextualization of economics as a science rather than an exhaustive consideration of each topic.

Suggested Citation

  • González, Wenceslao J., 2012. "Economics as a Science: An Approach from the Viewpoint of Complexity," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 21(1).
  • Handle: RePEc:sdo:regaec:v:21:y:2012:i:1_bt1
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