Economic theory

Economic theory is a collection of sections of economic science that studies the economy, abstracting from the specific conditions of economic practices. That is, economic theory studies the behavior of economic actors, their interactions and its immediate results and related systemic effects, omitting specifics forms of economic relations, the economy prevnosimuyu specific economic laws and traditions of different countries and regions.

Economic theory examines, first, the principles of human behavior, which they enter into economic relations as consumers or as producers. Also studied the basic ways of making economic decisions of these people. Based on the knowledge of these basic principles of economic theory constructs a theory of markets for various goods, services and resources, as well as the theory of pricing in these markets. From the theory of the behavior of economic agents and the theory of markets created by the various theories of economic equilibrium, based on which, in turn, economic theory is the theory of economic dynamics and economic growth. Based on these theories, economic theory develops the basic principles of state conduct in the economy and the principles of economic regulation by the state. Several separate looks problematic social welfare and increasing it, as a member of the interests of economic theory.

Among the methods used in economic theory, we can list:
The method of monitoring the economic behavior of people, etc.
The method of historical aniliza.
The statistical method, which in conjunction with the historical method gives the econometric method (the method of time series analysis).
Methods of abstraction.
The methods of logical and mathematical modeling.
A logical method for the synthesis of the results on the basis of basic laws (axioms).

Economic theory consists of the following basic sections:
General economic theory.
Microeconomics.
Macroeconomics.
History of Economic Doctrines.