General Economics and Teaching

Development of Economic Theory and the New Paradigm before it

Georgi Minchev
Received: 15 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 2/2008
JEL А11 О11

Abstract

The necessity of radical change in economic theory is grounded. The conclusion is made that with the accumulated by now economic knowledge its harder to explain a series of economic processes and to outline the further development of society.
Covered is the idea for changes in the established in economic science paradigms towards creation of knowledge corresponding to the current economic situation but not only for the revival, modernization and correction of the existing theories, conceptions and models.

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