ABSTRACT

This chapter discusses philosophical issues regarding representation in economics in connection with philosophical accounts of scientific representation on the one hand and actual representational practices in economics on the other. It is emphasized that representation can be understood by examining its inferentiality and surrogacy. Representation is also form dependent, allowing economists, as the users of representational media, to adopt a specific mode of reasoning to achieve their goal. The nature and usage of economic representation are accessed from the perspectives of models, measurements, and diagrams.