Proposals for Modification of Selected Economic Concepts Amid the COVID-19 Pandemic

Abstract

The authors of the article put forward a thesis about the need to modify or revise the way in which economic sciences are practiced in ontological, epistemological and methodological terms. This results from the impact of a series of factors that appeared in the pre-pandemic period and for which COVID-19 may be a complementary, reinforcing or even directly determining circumstance. The structure of this article was subordinated to the adopted goal. Eight areas were selected for which a set of proposals was made for modifications in economic research. The main method used in the study is critical analysis of the literature.

Keywords

• homo oeconomicus
• economic sciences
• covid-19 pandemic
• economic paradigms
• development economics