Public Lecture: Models: Facts, Artefacts or Fictions?
Professor Mary Morgan's public lecture Models: Facts, Artefacts or Fictions will explore a short history and philosophy of models in economics to develop notion of ‘keys’ to match mathematical models to empirics of the world.
The lecture will cover case material including:
- Fogel’s counterfactual economy and importance of fictions
- Simple Supply and Demand diagram as artefacts leading to Marshall’s work and ‘empty economic boxes’ argument
- Models for econometrics and identification questions
- Economic experiments as ways to get facts to stick to models
For more infomration, and to register, please see here.