Economic laws

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existence of the world economy is under the influence of the basic laws.Economic laws, recently opened David Ricardo and Adam Smith, are the basis of the economic system.Laws of absolute advantage and comparative advantage are everywhere.The first stipulates that any country is economically profitable (feasible) to import those products that bring high costs and export those goods in which costs are lower.The law of comparative advantage says that different countries produce the same types of products, but some of them have certain advantages in the production of these goods to other countries.This advantage is due to climatic and geographical conditions, has long-established traditions and some other factors.Thus, some countries are more favorable to buy certain products from those countries, where its production more efficient.

economic laws and categories studied system of economic and financial activity of people as well as the principles of its organization.The methods of economic theory is a synthesis and analysis, deduction and induction, the unity of logical and historical approaches, quantitative and qualitative analysis, as well as a systematic approach.Distraction from the non-essential properties and events system, and focus on the most significant is the abstraction.The analysis takes the dismemberment of the studied object or phenomenon into its component elements and the study of all of them individually.Synthesis is the method of inverse analysis, so when you use it the connection is analyzed, dissected elements.Induction - the move from the individual to the general, and deduction is a movement from the general to the individual.Induction and deduction in the process of knowledge is almost impossible to separate them.The basic economic law show the phenomenon in the development and movement.They also explain the economic processes logically.Most of them are developed on the basis of progressive quantitative changes.They can be carried out only up to a certain level, which is called the measure quantitative changes.In the case where the quantitative changes in the future become impossible, then it is assumed change in quality.System approach to economic theory assumes that all economic phenomena are studied in their structure and composition.

economic laws called communication expressing the true nature of certain of the economic process.All of these categories allow you to study in detail the communication and processes.

economic laws - is emerging between economic processes and phenomena according to that express their essence.Their most important criterion for classification is the duration of action.The general include those which act at all times of the existence of human society, at all stages of its development.These include the separation of laws, cooperation and change of labor;increasing labor productivity.There are also special economic laws operating only in certain times (within certain production methods).

economic laws:

  • demand, supply;
  • increase in additional costs;
  • elevation needs;
  • scale of production;
  • save time;
  • competition;
  • interconnection costs in the sphere of consumption and production.

economic category is a logical concept that reflects in general the most essential conditions of the existing economic life.These categories include the work itself, the methods and objects of labor, the product of labor, use value.Some manifestations of human relations are manifested in the following categories: price, money, profit, cost.Every law around itself includes a number of different economic categories.