Complexity economics has a complex relation to previous work in economics and other sciences, and to contemporary economics. Complexity-theoretic thinking to understand economic problems has been present since their inception as academic disciplines. Research has shown that no two separate micro-events are completely isolated, and there is a relationship that forms a macroeconomic structure. However, the relationship is not always in one direction; there is a reciprocal influence when feedback is in operation. | Complexity economics has a complex relation to previous work in economics and other sciences, and to contemporary economics. Complexity-theoretic thinking to understand economic problems has been present since their inception as academic disciplines. Research has shown that no two separate micro-events are completely isolated, and there is a relationship that forms a macroeconomic structure. However, the relationship is not always in one direction; there is a reciprocal influence when feedback is in operation. |