The theoretical level of economic judgment and the current state of economic science


  • R. Elemesov Казахский национальный университет им. аль-Фараби
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generalization, abstraction, economic theory, goods, money, price, value, law of value, a measure of value, a world currency,


The paper is regarded as the economic theory of the generalized system of knowledge, describing and explaining the economic reality, and general economic theory as a verbal model of the economic system as a whole. The need for a general theory of the economy generated practical needs. Formation of economic theory is based on the generalized abstract concept, which gives the opportunity to operate formalized values. The cost is a basic abstract category, with various interpretations, which connected contemporary issues of the world economy and the international monetary system.


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