How Economics Should Be Done

Essays on the Art and Craft of Economics

David C. Colander, Distinguished College Professor, Middlebury College, US and Huei-chun Su, Institute for New Economic Thinking, University of Oxford, UK

David Colander has been writing about economic methodology for over 30 years, but he goes out of his way to emphasize that he does not see himself as a methodologist. His pragmatic methodology is applicable to what economists are doing and attempts to answer questions that all economists face as they go about their work. The articles collected in this volume are divided, with the first part providing a framework underlying Colander’s methodology and introducing Colander’s methodology for economic policy within that framework. Part two presents Colander’s view on the methodology for microeconomics, while part three looks at Colander’s methodology for macroeconomics. The book closes with discussions of broader issues.

‘How Economics Should Be Done is an excellent book that discusses the methodological approaches of economics and economic policy.. . . The text demonstrates how a better understanding of the methodological framework used in economics and the economic profession can help the reader to have a better insight into the ways that real-world problems can be better approached and investigated.’
– Economic Issues

2019 296 pp Paperback 978 1 78897 992 4 £24.00 £30.00 $38.36 $47.95
2018 296 pp Hardback 978 1 78643 589 7 £121.50 £90.00 $121.50 $135.00

Elgaronline 978 1 78643 590 3

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