Economics
What it studies, with what methods, and how it evolved
Abstract
In this chapter we will answer two questions, with a specific section dedicated to each. First, we will focus on understanding what it means that economics is a science, and what sort of science it is; that will enable us to understand what our discipline studies. Second, we will briefly review the main schools of economic thought spanning from the end of the 17th century through the 20th century. The intent is to show that the need to elaborate economic theories and models arises from our awareness of the problems that emerge from society and from the desire to propose solution for these problems.
Keywords
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