A New Theory of Economic Systems and Its Application to Economic Police Studies
AbstractThe basics of a new theory of economic systems are proposed in this article as a fundamental synthetic field of economics. This theory proposes to unify a description of economic phenomena usually studied by different areas of economics: economic agents, i.e., legal entities and individuals, formal and informal institutions, economic processes, and projects. A basic classification of economic systems is developed, their key functions are defined, and the need for power parity of the basic types of economic systems is proved. The results obtained are used to classify the types of national economic policy and elaborate measures aimed at preventing crisis phenomena and building a well-balanced economy.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36596.
Date of creation: Mar 2009
Date of revision:
new economic theory; economic systems; unified theory of economic systems; system approach; four types of economic systems; Russian economy; definition of system;
Find related papers by JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- P4 - Economic Systems - - Other Economic Systems
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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- Hahn, Frank, 1991. "The Next Hundred Years," Economic Journal, Royal Economic Society, vol. 101(404), pages 47-50, January.
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