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{{Economics sidebar}}
{{Economics sidebar}}
Real-world economics is a school of economics thought that uses an [[inductive reasoning|inductive]] method to understand economic processes. It approaches economics without making ''a priori'' assumptions about how ideal markets work, in contrast to [[Economics#Theory|theoretical economics]].
Real-world economics is a school of economics that uses an [[inductive reasoning|inductive]] method to understand economic processes. It approaches economics without making ''a priori'' assumptions about how ideal markets work, in contrast to [[neoclassical economics]] and its [[deductive reasoning|deductive method]].


== See also ==
== See also ==
* [[Post-autistic economics]]
* [[Post-autistic economics]]
* [[Heterodox economics]]
* [[Complexity economics]]
* [[Pluralism in economics]]
* [[Pluralism in economics]]
* ''[[Real-World Economics Review]]''
* ''[[Real-World Economics Review]]''
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==References==
==References==
*{{cite book |year=2007 |editor-first=Edward |editor-last=Fullbrook |title=Real World Economics: A Post-Autistic Economics Reader |publisher=Anthem Press |isbn=9781843312369}}
*{{cite book |year=2007 |editor-first=Edward |editor-last=Fullbrook |title=Real World Economics: A Post-Autistic Economics Reader |publisher=Anthem Press |isbn=9781843312369}}
*{{cite book |year=2014 |title=What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text |publisher=Routledge}}
*{{cite book |year=2014 |title=What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text |publisher=Routledge |page=7 |isbn=9780765639233}}


==External links==
==External links==
* [http://www.paecon.net/PAEReview/ ''Real-World Economics Review'']
* [http://www.paecon.net/PAEReview/ ''Real-World Economics Review'']
* [https://www.aeaweb.org/resources/teachers/economics-concepts-examples-in-research Examples of real-world economics concepts from the American Economic Association]
* [https://www.aeaweb.org/resources/teachers/economics-concepts-examples-in-research Examples of real-world economics concepts from the American Economic Association]
* [https://www.economicsnetwork.ac.uk/themes/realworld Real-world economics explained at The Economics Network]
* [https://www.summer.harvard.edu/courses/foundations-real-world-economics/33373 Foundations of Real-World Economics at Harvard Summer School]


{{Schools of economic thought}}
{{Schools of economic thought}}

Revision as of 20:55, 17 November 2018

Real-world economics is a school of economics that uses an inductive method to understand economic processes. It approaches economics without making a priori assumptions about how ideal markets work, in contrast to neoclassical economics and its deductive method.

See also

References

  • Fullbrook, Edward, ed. (2007). Real World Economics: A Post-Autistic Economics Reader. Anthem Press. ISBN 9781843312369.
  • What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text. Routledge. 2014. p. 7. ISBN 9780765639233.

External links