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INSTITUTIONAL ECONOMIC THEORY: MAIN POINTS AND ORIGINS

Journal: University Economic Bulletin (Vol.1, No. 26)

Publication Date:

Authors : ;

Page : 139-144

Keywords : the civilized paradigm; institutional economic theory; neoinstitutionalism new institutional economic theory; the German historical school;

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Abstract

Crisis in the science of economy as well as in the system of social sciences in general, which was caused by general civilizing changes in the society, demands transfer from the usage of methodology of classical general science paradigm to the principles of civilized analysis and changes of scientific paradigm of economic research. Nowadays institutional economic theory is enough diverse and comprehensive teaching which has recently turned into one of possible alternatives to modern mainstream. Consequently it demands following systematic, complex methodological research based on principles of the civilzed analysis. This research is expected to give a possibility to overcome a gap between theory and practice and to reflect actual changes in economic sphere and society in general.

Last modified: 2016-06-25 17:24:02