Economics and Its Categorization vs. Challenges of Contemporary Economy Cover Image

Nauki ekonomiczne i ich klasyfikacja a wyzwania współczesnej gospodarki
Economics and Its Categorization vs. Challenges of Contemporary Economy

Author(s): Marian Gorynia
Subject(s): Business Economy / Management, Micro-Economics, Management and complex organizations
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: Economics; microeconomics; management science; corporate finance;

Summary/Abstract: As in most other areas of human activity, science experiences specialization stemming from historical processes. The evolution of actual research has naturally created various domains, disciplines, sub-disciplines, and within them, even more specific specializations have emerged. This is an outcome of the rationalization and economization of research itself; higher efficiency can only be achieved due to specialization of groups of scientists on particular areas of interest. Specialization is necessary because of the extremely high inputs of time and effort needed to attain the knowledge required for advanced research in any field. Scientific progress, and thus higher levels of knowledge, cannot be reached without ever increasing specialization in academia. Specialization is also a natural reaction towards objective processes in the economics research areas. A main feature of these processes has been an acceleration of technological progress, and its main manifestation is the rapid development of information technologies. This in turn has led to an increased pace and scope of collecting, processing, and transmitting information. The aim of the article is to determine interrelations between three disciplines of economic science, namely economics, management and finance in the context of contemporary economic and technological challenges. The current stage of globalization, with its structural and technological shifts, poses new research questions for these three disciplines. Both specialization in various subfields and the ability to integrate their current output is needed to better comprehend the new economic environment and propose substantive normative solutions.

  • Issue Year: 2013
  • Issue No: 4
  • Page Range: 457-474
  • Page Count: 18
  • Language: Polish
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