Traditionally, students of economics have often been told that it is a non-experimental science. Using a quantitative … and qualitative analysis of introductory economics textbooks, we track the historical evolution of this rhetoric from 1970 … experimentation in economics. Remarks that experiments are impossible in economics have been (almost) eliminated only this decade …

happened. Foundations of Real-World Economics demonstrates how misleading it can be to apply oversimplified models of perfect … and the COVID-19 pandemic. A must-have for students studying the principles of economics as well as micro- and … economics." …