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Scientific explanation refers to the systematic account of a phenomenon that aims to clarify why it occurs and how it is related to other events or conditions. In the context of research methods in economics, the idea of scientific explanation is central because it provides the framework for understanding economic phenomena in a structured, logical, and empirically grounded way. A scientific explanation goes beyond mere description; it seeks to establish causal relations, logical connections, or probabilistic patterns that make an event intelligible. The scientific community has developed several models of scientific explanation, each with distinctive criteria for what counts as a satisfactory explanation. Understanding these models helps economists frame their theories and test hypotheses in ways that align with scientific reasoning. One of the earliest and most influential models is the Deductive-Nomological (D-N) model, also known as the Hempel-Oppenheim model. This model posits that scientific explanations are arguments in which the event to be explained (the explanandum) is logically deduced from a set of general laws and initial conditions (the explanans). For example, in physics, the fall of an object can be explained by Newton’s law of gravitation combined with the object’s mass and distance from the earth. In economics, a parallel might be explaining price determination in a competitive market: the equilibrium price can be deduced from the law of demand, the law of __________ ____ ____ ________ _____ __________ ___ _______.
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