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I. Property and social-economic system of society

Economics and its role in society. | Human Behavior | Stages of formation economics as a science | Thomas Mun | General types of production organization | Money. The history of origin of money. | Market and laws of its functioning. | Types of cooperation of subjects of the market | Business, social and economic essence and organization | Reproduction of individual capital |


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Economic система-это well-organized system of connections between producers and consumers of material and non-material welfares and services in a country. The American scientists of D.Bell and W.Rostoy depending on the degree of development of material and technical base distinguish three types of the economic systems:pre-industrial, industrial and post-industrial.

G.Кissinger and S. Handington suggest to divide society into atlantic(western), islamic, Chinese, Slavic-Orthodox, hinduism, Ibero-American and African civilization. R.MacConnell and S.Brew, analysing all above mentioned signs, distinguish four models of the economic systems

1) traditional. In this system of relations between people built on the basis of worked out by centuries and deep-rooted traditions and customs. For a example, in economically backward countries distribution of the together created product comes true not on the basis of that, who and how many worked, what deposit brought in, and depending on that, who and what position occupies in society.

2) market system in that the decision of managing subjects is coordinated through the system of markets and prices. The personal interest is main reason of behavior of producers.

3)command-administrative system, where a basic regulative role is given to the state, In this system allocation of resources and producing goods are planned by higher organs

4) mixed system in that the individual acceptance of decisions and private enterprise are inferior to economic control from the side of the state.

The primary objectives of society, regardless of varieties of the systems, are: economic growth, increase of efficiency of production, full employment and socio-economic stability.

Key concepts in studying of the economic systems are: needs, production of material welfares, limit nature of resources and choice.

Basis of development of any economic system is made by necessities and interests of economic subjects.

Basic economic subjects are: housekeeping, firms, state, foreigners.

 


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Macroeconomics since the Bretton Woods era| II. Property essence as economic category

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