In 1987 K. Arrow suggested to define the theory of economic behavior of individual economic agents in market or nonmarket conditions as nanoeconomics. In 1996 we considered nanoeconomics for the first time as an independent branch of the economic theory and as a description of special condition of the Russian economy ("economics of individuals"). In the paper we investigate features of nanoeconomics vs micro-, meso-, and macroeconomics, we also analyse Russian economy from the nanoeconomic prospective. It is shown that "economics of individuals" in its modified form is still prevailing in Russia up to this day.
|Date of creation:||Dec 2004|
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