Theoretical Economics (Political Economy) Revised Edition, Third Edition

Author: Vjacheslav Pervov (Russia) and others
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 author attempts to integrate various mainstream schools of theoretical economics, including Marxist theory, Western mainstream economics, and institutional economics. It also pays 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 connecting with the economic realities of Russia, primarily the realities 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 author incorporates 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 move beyond the traditional political economy "dichotomy" (capitalism and socialism) system structure.