Institutional economic theory: main points and origins Cover Image

Інституціональна економічна теорія: сутність та витоки
Institutional economic theory: main points and origins

Author(s): Alina Maha
Subject(s): National Economy, Economic history, Political economy, Socio-Economic Research
Published by: Університет Григорія Сковороди в Переяславі
Keywords: the civilized paradigm; institutional economic theory; neoinstitutionalism new institutional economic theory; the German historical school

Summary/Abstract: Crisis in the science of economy as well as in the system of social sciences in general, which was caused by general civilizingchanges in the society, demands transfer from the usage of methodology of classical general science paradigm to the principles ofcivilized analysis and changes of scientific paradigm of economic research.Degree research paper aims to determine methodological origins of institutional economic theory on the basis of the civilizedparadigm of social science.Subject of degree research paper is formation and development of methodological bases of institutional economic theory andperiods of its evolution.Methodology of carrying out the work. Methodological basis of research includes systematic approach to the analysis of economicoccurrences and processes. In investigating methodological bases of institutional economic theory it was used historico-genetic method anda series of general scientific research methods such as dialectics, scientific abstraction, analysis and design, deduction and induction.Theoretical basis for thesis research is the civilized paradigm of social development serving as the basis for modern economic science.Sphere of the results usage. Theoretical propositions and conclusions, formulated in the article, extend understanding of subjectmatter of evolution of institutional economic theory bases and have theoretical and practical meaning for working out syllabus,lectures and seminars for students at the departments of economy.Conclusions. Nowadays institutional economic theory is enough diverse and comprehensive teaching which has recently turnedinto one of possible alternatives to modern mainstream. Consequently it demands following systematic, complex methodologicalresearch based on principles of the civilzed analysis. This research is expected to give a possibility to overcome a gap betweentheory and practice and to reflect actual changes in economic sphere and society in general.

  • Issue Year: 1/2015
  • Issue No: 26
  • Page Range: 139-144
  • Page Count: 6
  • Language: Ukrainian