Theoretical Economics (Political Economy, Revised Edition, 3rd Edition)

Author: (Russia) Vygodin, (Russia) Zhuravleva, Editor-in-Chief, translated by Zhang Rende et al.
Publisher:
Publish Date: 2005-12-01
Features: This textbook is a translation of a new work on Russian political economy theory published after the dramatic changes and dissolution of the Soviet Union in 1989. The central focus of the book is on the market economy. The authors strive to integrate and synthesize major schools of theoretical economics, including Marxist theory, Western mainstream economics, and institutional economics. They also pay attention to inheriting many excellent economic ideas from Russian history and integrating them into a cohesive whole. The book is a theoretical work but pays close attention to its connection with the economic reality of Russia, primarily the reality of economic transition, and compares it with China, giving high praise to the achievements of China's economic transition. The book's system structure is entirely new. The authors have incorporated all theories into a new framework, namely general economic theory, microeconomic theory, mesoeconomic theory, macroeconomic theory, and the world. This system structure represents a breakthrough and innovative attempt to break away from the traditional political economy "dichotomy" (capitalism and socialism) structure.