The role of qualitative research methods in economic studies during times of crisis

this article discusses research methods in economics within the context of various contemporary crises (poly-crisis). We argue that qualitative methods would be more valuable and informative than quantitative methods, and we consider the integration of these approaches as necessary for two primary reasons. The first reason is a more comprehensive approach that enhances the quality of economic knowledge in terms of its structure and function, and the second reason is the democratic nature of the capitalist market and its increasing diversity. We provide an overview of qualitative research methods that can be utilized in economic analysis and their foundation. By using concrete examples from studies on economic policy that employ qualitative approaches, it is feasible to demonstrate the significance of such methods, including for a better understanding of the poly-crisis. Additionally, we examine the challenges associated with qualitative research within the field of economics and how our analysis assists in addressing some of these challenges in the current economic environment. In conclusion, we would like to discuss the potential contribution of qualitative research methods in the field of economics.

qualitative methods, quantitative methods, economic analysis, economic research, polycrisis