The Four Paradigms in Economics

Theories, Concepts, and Analytical Tools

Kavous Ardalan

$180

Hardback

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English

Rowman & Littlefield Publishers
30 October 2025

Economic theory & philosophy; International economics; Economic systems & structures

In The Four Paradigms in Economics: Theories, Concepts, and Analytical Tools, Kavous Ardalan demonstrates how these four paradigms explain any economics phenomenon differently, and therefore, together they provide a broader and deeper understanding of the economic phenomenon under consideration. The main theme of The Four Paradigms of Economics is that social theory can usefully be conceived in terms of these four key paradigms: functionalist, interpretive, radical humanist, and radical structuralist. The four paradigms are founded upon different assumptions about the nature of social science and society, and therefore, provide different explanations of any phenomenon. The book also looks at the major prevailing schools of thought in economics (Neo-Classical Economics, New Institutional Economics, Behavioral Economics, Austrian Economics, Post-Keynesian Economics, Institutional Economics, Social Economics, Radical Economics, and Marxist Economics) from the point of view of the four paradigms and locates them within the four-paradigm framework.

By: Kavous Ardalan
Imprint: Rowman & Littlefield Publishers
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
ISBN: 9781666977844
ISBN 10: 1666977845
Pages: 290
Publication Date: 30 October 2025
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Table of Contents Introduction Chapter 1. Four Paradigms Chapter 2. Structure of a Paradigm Chapter 3. Human Nature: A Multi-Paradigmatic View Chapter 4. Rationality: A Multi-Paradigmatic View Chapter 5. Ethics: A Multi-Paradigmatic View Chapter 6. Environmental Governance: A Multi-Paradigmatic View Chapter 7. Schools of Thought in Economics: A Multi-Paradigmatic View Conclusion About the Author Index

Kavous Ardalan is professor of finance at Marist University, Poughkeepsie, New York, U.S.A.