2013 № 2

Relationship of Political Economy and Institutionalism is an Important Direction of Improving of Economic Theoretical Knowledge

Abstract:

The paper conceptually justified the idea that the most important area to improve the economic theory is based on the way of interaction of political economy and institutional economics.

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Bronislav D. Babaev – Dr. Sci. (Econ.), Professor of the Department of Economic Theory, Ivanovo State University (Ivanovo, Russian Federation; e-mail: bdbbdb@mail.ru).

Dmitry B. Babaev – Cand. Sci. (Econ.), Associate Professor of the Department of Socio-Economic Theories, Ivanovo State University of Chemistry and Technology  (Ivanovo, Russian Federation; e-mail: bdbbdb@mail.ru).