114-0519/01 – Philosophy and Methodology of Economics (FME)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantorprof. Ing. Martin Macháček, Ph.D. et Ph.D.Subject version guarantorprof. Ing. Martin Macháček, Ph.D. et Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory type B
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
MAH11 prof. Ing. Martin Macháček, Ph.D. et Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+1

Subject aims expressed by acquired skills and competences

- To distinguish scientific and non-scientific views of the world - To analyze the ways of economic category creation - To formulate basic principles of economic theory building - To compare different philosophical-methodological base for interpretation of economic events - To understand ideas of economic theory creation

Teaching methods



The course is focused on the consolidation of knowledge gained in economics with a deeper understanding of logic and structure of ideological statements. It is therefore to ensure that students understand how representatives of individual schools of economic thought reached the conclusions presented in a simplified form in economics textbooks, and are able to critically evaluate them.

Compulsory literature:

1. BLAUG, Mark. The Methodology of Economics Or How Economists Explain. 2nd ed. Cambridge: Cambridge University Press, 2006. 286 p. ISBN 9780521436786. 2. BOUMANS, Marcel and John B. DAVIS. Economic Methodology: Understanding Economics as a Science. 2nd ed. Palgrave, 2015. 248 p. ISBN 978-1137545558. 3. LAWSON, Tony. Essays on the Nature and State of Modern Economics. London: Routledge, 2015. 276 p. ISBN 978-1138851023.

Recommended literature:

1. CALDWELL, Bruce J. Beyond Positivism: Economic Methodology in the Twentieth Century. London: Routledge, 1994. 304 p. ISBN 978-0415109116. 2. FRIEDMAN, Milton The Methodology of Positive Economics. In Essays in Positive Economics. Chicago: Chicago University Press, 1966, pp. 3-16, 30-43. ISBN 978-0226264035. 3. HANDS, Wade D. Reflection without Rules: Economic Methodology and Contemporary Science Theory. Cambridge: Cambridge University Press, 2001. 492 p. ISBN 978-0521797962. 4. SNOWDON, Brian and Howard R. VANE. Modern Macroeconomics: Its Origin, Development and Current State. New edition. Cheltenham: Edward Elgar Pub., 2005. 832 p. ISBN 978-1845422080.

Way of continuous check of knowledge in the course of semester


Další požadavky na studenta

There are no additional requirements for the student.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. Science, its concepts and fields, origins, development, and crises. 2. Logical positivism and empirism. Critical rationalism. 3. History and sociology of science. Methodology of scientific research programmes. 4. Methodology of economic science – the Millian tradition. Deductivism. 5. Logical positivism in economics. Economics as empirical science. 6. Popper´s methodology of social sciences. Falsification principle in economics. 7. Scientific revolutions and paradigms in economics. 8. Scientific research programmes in economics. 9. Samuelson´s operationalism. Friedman´s methodology of positive economics. 10. Quantitative economics and the computational experiment. Multiagent approaches in economics. 11. Experimental economics. 12. Rhetorical and onthological turns in economics. Critical realism. 13. Famous methodological battles in economics.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit  
Mandatory attendence parzicipation: not specified

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0311A050013) Applied Economics (S01) Economic Development P English Ostrava Choice-compulsory type B study plan
2020/2021 (N0412A050005) Finance P English Ostrava 1 Choice-compulsory type B study plan
2019/2020 (N0311A050013) Applied Economics (S01) Economic Development P English Ostrava Choice-compulsory type B study plan
2019/2020 (N0412A050005) Finance P English Ostrava 1 Choice-compulsory type B study plan

Occurrence in special blocks

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