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Real-world economics

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Real-world economics is a school of economics thought 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 theoretical economics.

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. pp. 55, 66, 244.

External links