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Epistemological Considerations on Complexity Economics

Author

Listed:
  • Ciote Cristina Steliana

    („Spiru Haret” University of Bucharest Faculty of Financial Management and Accounting Constanta)

Abstract

Subject of numerous recent debates among economist researchers, complexity economics takes a whole new approach regarding economics, namely a holistic one. Although the phrase ‘complexity economics’ is recent, the holistic approach is however not a new subject, the ideas referring to economic systems being continuously sculptured for hundreds of years. Undergoing an incursion in time, we find a series of ideas which precede the complexity paradigm in economics. Leaving it up to the experts in management and marketing to describe the concrete aspects regarding the organization and markets mechanisms in the new era of ‘turbulence’, our attention is brought to the general economic theory, an unlimited source of fundamental ideas on any subject regarding economics. From here on in, one could easily transgress to new functional economic sciences, such as management, which has been listing among its latest preoccupations the identification of alternative management models, based on chaos theory.

Suggested Citation

  • Ciote Cristina Steliana, 2011. "Epistemological Considerations on Complexity Economics," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 208-213, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:208-213
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    More about this item

    Keywords

    complexity economics; complexity theory; holistic view.;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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