It takes the average reader 3 hours and 17 minutes to read The Methodology of Economic Model Building by Lawrence A. Boland
Assuming a reading speed of 250 words per minute. Learn more
Model building has been the backbone of modern economic theory over the last 25 years, and the major methodological task for each model builder has been to establish the testability of each model developed. Too often, though, seemingly innocent modelling assumptions can make a model virtually impossible to test, even under ideal conditions, yet few economic theorists have examined the methodological requirements and problems of assuring testability in economics. Lawrence Boland considers how economists have applied Popper's views on the need for error-detection and testability theories in science. The methodological debates these theories have inspired are related to wider debates on empiricism and the truth status of models in the natural and social sciences. He concludes by arguing that the practice of model building in economics reflects the methodological prescriptions of Samuelson more than the falsification theory usually attributed to Popper.
The Methodology of Economic Model Building by Lawrence A. Boland is 194 pages long, and a total of 49,276 words.
This makes it 65% the length of the average book. It also has 60% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 29 minutes to read The Methodology of Economic Model Building aloud.
The Methodology of Economic Model Building is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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