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Neoclassical Economics as a Method of Scientific Research Program : A review of existing literature

Brahmachari, Deborshi (2016): Neoclassical Economics as a Method of Scientific Research Program : A review of existing literature.

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Abstract

This paper aims at a commentary on the Neoclassical Economics as a Method of Scientific Research Program which argues that many theories in Neo-Classical Economics when tested using Lakatos’ Methodology of Scientific Research Program, were not categorised as 'progressive research program'. This finds that some endogenous growth theories have now been tested by few researcher as progressive in terms of Lakatos’ Scientific Research Program.

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