Studies on the Economy. What is the economy?

Everyone who is engaged in economic research inevitably faces a definitive confusion in economic relations, with the fact that many users of economic knowledge form a strange understanding of modern, fundamental categories of the economy. Misunderstanding, and even worse, a misunderstanding of the foundations of modern economics, or rather economic theory, leads to an incorrect vision of any economic task, which negatively affects economic practice and especially commercial activity. This situation is sad in itself and does not contribute at all to the development of a successful business in our country and the effectiveness of the economy as a whole. Reflections on this subject prompted me to prepare a series of articles for those who decided to study economics not only for scientific discussions, but also for the successful conduct of their business. The first lecture is devoted to the main categories of the economy.