Division of labour and development of the education system

In the confrontation of various trends in developed countries, a situation is emerging characterized by the fact that the absolute volume of expenditures on education and vocational training and retraining is increasing. As a result, the level of education and training is improved. In the United States, for example, the share of national income increased […]

Fiscal and Monetary Policy in the Classical and Keynesian Models

The classical and Keynesian approaches to macroeconomic policy are different. Disagreements relate to the causes of instability in aggregate demand; factors that determine aggregate supply; the relationship between inflation and unemployment; fiscal and monetary policy instruments. The general methodological approach of Keynesians is the concept of an active macroeconomic policy of the state, which is […]

National Economy: Concept and Main Goals

The concept of “national economy” is one of the most important in economic theory, since it is the national economy that is the object of study at the macro level. What is it and what goals does it pursue? The national economy can be defined as a historically formed system of social reproduction of the […]

Regulatory and supervisory system foreign economic activity in the Republic of Belarus

In different countries, there are different priorities in the foreign economic sphere, in general, and in foreign trade, in particular, and this is reflected in the system of state regulation and in the structure of the apparatus of state regulation in this area. As for the Republic of Belarus, since its independence, the formation and […]