Economic theory is the science about the different types of human activities associated with monetary exchange or transaction.The subject of the study of economic theory is the production or economic relations which arise in the production process between the participants.Type of economic system for the occurrence of certain industrial relations does not matter.Economic theory also is a science about the use of productive resources for the production of wealth, and the distribution of wealth and benefits among members of society for the purpose of consumption.To productive resources include land, labor, capital goods, such as machinery and equipment, machinery and technical knowledge.The subject of the study of economics is human activity everyday business, extracting their livelihood, as well as the use of these funds.Also, economic theory, the object of study which includes tasks in the field of production and consumption of material goods of humanity, is also a science of wealth.All of the above solves the problem of economic theory, but the list is far from complete, and in the study of issues of economics includes many more issues that are adjacent to other sciences.
In short, the economic theory is the science of what productive resources of man and society elects to produce all kinds of goods and their distribution among individuals and groups in society, with the help of funds or without their direct involvement.Therefore, the subject of study of economic theory covers all the potential of economic and industrial relations in the society.
Human life in society is diverse and covers a variety of its activities: the production of material goods, services, work in politics, culture, science and ideology.It is a natural human desire is the desire to act in a certain way in the economic, political and ideological processes in the right direction for a person.And this requires a knowledge of the laws of economic theory, political economy, applied political science - that is, the sphere of life in which a person rotates.The subject of study of applied political science, for example, differs from that in the theoretical political science, as these reflect the different areas of science policy research.Specific situations in all their diversity - an aspect of the study of applied political science, and theoretical political science is the science of the general laws of development of political relations in the state, intergovernmental relations and inter-party relations within the state.
At the junction of two sciences, and also due to the dismemberment of economic theory to various aspects during the rise of capitalism originated the subject of political economy.It was a science, reflecting the processes in society during the transition from feudalism to capitalism.
economic theory, the object of her study, designed to examine and explain the processes of economic life in order to be able to predict the development and direction of this type of relations in society.And this requires insight into the underlying processes and to discover the laws by which he lives and the economy is developing in society, regardless of its formation, whether it is the early period of feudalism and development of capitalism.
