Real-world economics

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

• Post-autistic economics
• Heterodox economics
• Complexity economics
• Pluralism in economics
• Real-World Economics Review

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. ISBN 9780765639233.

External links

• Real-World Economics Review
• Examples of real-world economics concepts from the American Economic Association
• Real-world economics explained at The Economics Network
• Foundations of Real-World Economics at Harvard Summer School