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Philosophy and Methodology of Economics

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code114-0319/02
Number of ECTS Credits Allocated4 ECTS credits
Type of Course Unit *Choice-compulsory type B
Level of Course Unit *Second Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
MAH11prof. Ing. Martin Macháček, Ph.D. et Ph.D.
Summary
The course is focused on the consolidation of knowledge gained in economics with a deeper understanding of logic and structure of ideological statements. It is therefore to ensure that students understand how representatives of individual schools of economic thought reached the conclusions presented in a simplified form in economics textbooks, and are able to critically evaluate them.
Learning Outcomes of the Course Unit
- To distinguish scientific and non-scientific views of the world
- To analyze the ways of economic category creation
- To formulate basic principles of economic theory building
- To compare different philosophical-methodological base for interpretation of economic events
- To understand ideas of economic theory creation
Course Contents
1. Science, its concepts and fields, origins, development, and crises.
2. Logical positivism and empirism. Critical rationalism.
3. History and sociology of science. Methodology of scientific research programmes.
4. Methodology of economic science – the Millian tradition. Deductivism.
5. Logical positivism in economics. Economics as empirical science.
6. Popper´s methodology of social sciences. Falsification principle in economics.
7. Scientific revolutions and paradigms in economics.
8. Scientific research programmes in economics.
9. Samuelson´s operationalism. Friedman´s methodology of positive economics.
10. Quantitative economics and the computational experiment. Multiagent approaches in economics.
11. Experimental economics.
12. Rhetorical and onthological turns in economics. Critical realism.
13. Famous methodological battles in economics.
Recommended or Required Reading
Required Reading:
1. BLAUG, Mark. The Methodology of Economics Or How Economists Explain. 2nd ed. Cambridge: Cambridge University Press, 2006. 286 p. ISBN 9780521436786.
2. FAJKUS, Břetislav. Filosofie a metodologie vědy (Vývoj, současnost, perspektivy). Praha: Academia, 2005. 368 s. ISBN 80-200-1304-0.
3. LOUŽEK, Marek. Metodologie ekonomie. Praha: Karolinum, 2009. 606 s. ISBN 978-80-246-1309-3.
1. BLAUG, Mark. The Methodology of Economics Or How Economists Explain. 2nd ed. Cambridge: Cambridge University Press, 2006. 286 p. ISBN 9780521436786.
2. FAJKUS, Břetislav. Filosofie a metodologie vědy (Vývoj, současnost, perspektivy). Praha: Academia, 2005. 368 s. ISBN 80-200-1304-0.
3. LOUŽEK, Marek. Metodologie ekonomie. Praha: Karolinum, 2009. 606 s. ISBN 978-80-246-1309-3.
Recommended Reading:
1. MACHÁČEK, Martin. Soumrak ekonomie? K problému formalizace a krize smyslu společenské vědy. Series on Advanced Economic Issues, vol. 34. Ostrava: Ekonomická fakulta VŠB – TU Ostrava, 2015. 123 stran. ISBN 978-80-248-3749-9.
2. OCHRANA, František. Metodologie sociálních věd. 2. vydání. Praha: Karolinum, 2021. 136 s. ISBN 978-80-246-4968-9.
3. VARADZIN, František a Olga BŘEZINOVÁ. Hledání ve světě ekonomie (Věda, metodologie ekonomie). Praha: Professional Publishing, 2003. 306 s. ISBN 80-86419-56-8.
1. MACHÁČEK, Martin. Soumrak ekonomie? K problému formalizace a krize smyslu společenské vědy. Series on Advanced Economic Issues, vol. 34. Ostrava: Ekonomická fakulta VŠB – TU Ostrava, 2015. 123 stran. ISBN 978-80-248-3749-9.
2. OCHRANA, František. Metodologie sociálních věd. 2. vydání. Praha: Karolinum, 2021. 136 s. ISBN 978-80-246-4968-9.
3. VARADZIN, František a Olga BŘEZINOVÁ. Hledání ve světě ekonomie (Věda, metodologie ekonomie). Praha: Professional Publishing, 2003. 306 s. ISBN 80-86419-56-8.
Planned learning activities and teaching methods
Lectures, Seminars
Assesment methods and criteria
Task TitleTask TypeMaximum Number of Points
(Act. for Subtasks)
Minimum Number of Points for Task Passing
CreditCredit100 51