An Overview on Methodology in Economics

Filipenko, Anton

doi:10.9734/bpi/niebm/v9/6167f

Cited by 2 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The methodology of mainstream economics is based on philosophical framework of economics, and mathematics and statistics (Filipenko, 2022). The methodological framework of capitalism is also determined by its ontologyfree market which is self-adjusting.…”

Section: The Methodology Of Capitalismmentioning

confidence: 99%

Philosophical Foundations of Economics – A Comparative Study of Islamic Economics, Capitalism and Marxism

Ullah

2023

Int. J. Is. Ec. Fi. Res.

View full text Add to dashboard Cite

The philosophy of economics is concerned with the nature of reality, sources of knowledge, and the way knowledge is created. Based on their respective philosophical frameworks; capitalism seeks solution to economic problems through its laissez-faire model, Marxism attempts to resolve the problem through a planned economy model, and Islam on the other hand keeps the balance between the two approaches. The study is based on a comparative qualitative analysis of the philosophical frameworks, making reference to practical world problems. The paper maintains both Capitalism and Marxism have contributed to poverty, economic inequality, unemployment, and financial crises of the world at large. The study provides a model of the righteous economic system based on Islamic teachings for the sound functioning of the economy which can be adopted by the countries intending to switch from the conventional systems to the Islamic economic model.

show abstract

Section: The Methodology Of Capitalismmentioning

confidence: 99%

Philosophical Foundations of Economics – A Comparative Study of Islamic Economics, Capitalism and Marxism

Ullah

2023

Int. J. Is. Ec. Fi. Res.

View full text Add to dashboard Cite

show abstract

“…Methodological individualism asserts that an adequate explanation of psychological and social phenomena can be provided if it considers the individual's thoughts, beliefs and actions (Filipenko, 2022). Hermeneutical research suggests that employees' actions are derived from their perception or view of the situation rather than an objective truth (Gilhus, 2021).…”

Section: Participants and Proceduresmentioning

confidence: 99%

Work engagement and resilience at work: The moderating role of political skill

Sanhokwe¹,

Chinyamurindi²

2023

SA j. ind. psychol.

View full text Add to dashboard Cite

Orientation: Faced with high contextual dynamics, organisational leaders are looking to resilience as a resource to help their employees manage their well-being as they adapt to the changes. Appreciating the complementary resource streams that help employees adapt or transform the context is an urgent priority.Research purpose: Drawing on the conservation of resources theory, the study evaluated the moderating role of political skill in the relationship between work engagement and resilience at work.Motivation for the study: The quality of the employees’ personal and social resources at work could explain the degree to which they move beyond mere adaptation to thriving.Research approach/design and methods: The data collected from a convenient sample of over 200 individuals were used to construct a hierarchical multiple regression model.Main findings: There was a significant association between work engagement and resilience at work. The interaction term between work engagement and political skill accounted for a significant proportion of the variance in resilience at work.Practical/managerial implications: The result suggests that work engagement and political skill act in an integrative way to replenish adaptive resources at work. Organisational leaders must inculcate and nurture cultures that promote these complementary capabilities if they are to enjoy adaptive advantages. These capabilities are learnable and, hence, developable.Contribution/value-add: The study model deepens our understanding of the integrative mechanisms that nourish employee resiliency.

show abstract

An Overview on Methodology in Economics

Cited by 2 publications

References 0 publications

Philosophical Foundations of Economics – A Comparative Study of Islamic Economics, Capitalism and Marxism

Philosophical Foundations of Economics – A Comparative Study of Islamic Economics, Capitalism and Marxism

Work engagement and resilience at work: The moderating role of political skill

Contact Info

Product

Resources

About