| Heterodox Economics |
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| heterodox economics | |
| political economyheterodox economics | |
| political economy | |
| schools of economic thought and methodology | |
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Heterodox economists argue that most neoclassical economics take a narrow view on economic phenomena. Conventional economics are very narrowly reduced to what happens to factor-, Product - or Asset Price s under specific conditions. More essentially, neoclassical economics only provide Comparative Statics , they don't actually explain the Dynamics of an economy. Heterodox economic theories aim to explain more or less complex phenomena that can be described as economic, yet are not covered by neoclassical theories. The most prevalent heterodox economic schools today are:
A great deal of research is also being done in the multidisciplinary field of Cognitive Science on Individual Decision Making , Information as a general phenomena, Distributed Cognition and their implications on economic dynamicity. Also, many schools of other social sciences besides economics aim to re-introduce into economic science perspectives which have been expelled or banned from it: classical and modern Political Economy ; Economic History ; Economic Sociology and Anthropology ; gender and racial issues in economics; Public Finance ; economic Ethics and Social Justice ; Development Studies ; and so on. SEE ALSO EXTERNAL LINKS
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