The Usefulness of ICT/CI for Advancing Economic and Social Sciences

Abstract

This article is some attempt for impeachment of traditional approaches and methods used by main stream economics and to show and demonstrate the several possibilities of ICT/CI (Information Communication Technology / Computational Intelligence) for advancing economic and social sciences. This may be understood also as heresy of traditional economics and/or political economy. More definite statements we are mainly treating with Socio-Economic System (which is a type of complex system that consists of social and economic elements) not with Society and/or Economy alone ones. Descriptions of these systems tend to have significant qualitative elements and are difficult to analyse using traditional macroscopic and/or microscopic techniques. Our difference approach to study economies is rest in question of subject matter of socio-economic science and/or of economics in wide sense. For example according to preferred in our days economist P. A. Samuelson the subject matter of economics is a science that studies only those activities of human being which he undertakes to maximize his satisfaction by making proper use of scarce resources. We are declaring that subject matter of economics is study of behaviour of economy as a whole in objective reality that is in its complex evolution in variable ecosphere not only activities of single human beings separately. In narrow sense the subject matter of socio-economic science is to study of results of social behaviour in its evolution. For that purpose the ICT/CI means, methods and tools are more suitable than traditional ones used by mainstream economics. The difference is rest in possibility to study evolving economic organism from bottom-up in virtual reality whereas tradition economics must beforehand build mental models by mode up-down which is wholly subjective product weekly corresponding with reality. In virtual reality arising in ICT/CI environment we are acquiring different computational economies very convenient for sci-entific comparing with economy in objective reality.