1 MACROECONOMICS NEEDS FRESH METHODOLOGY OF THEORIZATION Bijan Bidabad 1 Abstract In this paper, we try to analyze the macroeconomic reasoning in different methodological issues. Subsequently, we try to touch some current macroeconomic debates on aggregations, relations, monetary and real sectors analyses. We assess that, what we know about the behavior of macroeconomic variables is just our understanding from empiricism and we have rarely found the laws of linkages among macroeconomic variables. We also conclude that successive theories have intuitional foundation. It seems that to improve macroeconomic theories and policies, we need to be redirected to basic philosophical thinking about macroeconomic theoretical foundation and try to rebuild a new concrete base for macroeconomics. 1 Research Professor of Economics and Director of Foreign Exchange Research Dept., Monetary and Banking Research Academy (MBRA), Central Bank of Iran, No.189, Pasdaran Ave., Zarabkhaneh, Tehran 16619, Iran. Email: bijan_bidabad@msn.com . http://www.geocities.com/bijan_bidabad/