2013 № 2

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


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).