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The Dichotomy, Inconsistency, and Peculiar Outmodedness of the „Mainstream“ Textbook. The Example of Institutions

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  • Elsner, Wolfram

Abstract

This paper critically reviews the leading microeconomic textbooks of Varian, Pindyck/Rubinfeld, and Schumann/Meyer/Stroebele, with a focus on their theoretical inconsistencies and their lack of an institutional perspective.

Suggested Citation

  • Elsner, Wolfram, 2016. "The Dichotomy, Inconsistency, and Peculiar Outmodedness of the „Mainstream“ Textbook. The Example of Institutions," MPRA Paper 70471, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:70471
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    References listed on IDEAS

    as
    1. Geoffrey M. Hodgson & Warren J. Samuels & Marc R. Tool (ed.), 1994. "The Elgar Companion to Institutional and Evolutionary Economics," Books, Edward Elgar Publishing, volume 0, number 228.
    2. Wolfram Elsner & Frederic S. Lee, 2010. "Editors' Introduction," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(5), pages 1333-1344, November.
    3. Wolfram Elsner, 2013. "State and future of the ‘citadel’ and of the heterodoxies in economics: challenges and dangers, convergences and cooperation," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(3), pages 286—298-2, December.
    4. Wolfram Elsner & Fred Lee, 2010. "Assessing economic research and the future of heterodox economics. Failures and alternatives of journals, departments, and scholars rankings," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 7(1), pages 31-41.
    5. Wolfram Elsner, 2011. "Evolutionary Institutionalism. Sources, history and contemporary relevance of The Association for Evolutionary Economics - AFEE," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 8(1), pages 29-41.
    6. Kapeller, Jakob, 2013. "‘Model-Platonism’ in economics: on a classical epistemological critique," Journal of Institutional Economics, Cambridge University Press, vol. 9(2), pages 199-221, June.
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    Cited by:

    1. Elsner, Wolfram, 2016. "Why economics textbooks must, and how they can, be changed into a real-world and pluralist economics. The example of a fundamentally new complexity-economics micro-textbook," MPRA Paper 73097, University Library of Munich, Germany.

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    More about this item

    Keywords

    microeconomics; economic teaching; textbooks; institutions;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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