The Significance of Economic Theory as a Scientific and Educational Science

  • Muyassar Mirzakarimova doctor of economics, associate professor of the department "Finance" At the Fergana State University
  • Alimjan Kulmatov candidate of economic sciences, Associate Professor of the department"Macroeconomics", At the National University of Uzbekistan
DOI: https://doi.org/10.17605/cajitmf.v3i10.335
Keywords: economic sciences, economic theories, economic outlook, personal knowledge

Abstract

The article examines the role of economic theory in the system of scientific knowledge and its role in creating human capital in various fields of activity. A comparative analysis of the organization of scientific knowledge in natural (physics) and social (economy) sciences was conducted. The basis of their concepts is compatible with objective knowledge, and it is permissible to include basic concepts, logical and mathematical methods, and the microeconomic basis of analysis. Microeconomics is aimed at creating mathematical models that reflect the rational behavior of economic partners. Its in-depth study is aimed at "textbooks for scholars". In the world experience of higher education, "theory of microeconomics" is included in the post-higher education stage. This raises the question of the effectiveness of in-depth research of microeconomics and other disciplines that form a solid foundation of economic science as the goal of preparing graduate and undergraduate graduates for the profession.

The master's degree provides practice-oriented teaching based on microeconomic concepts, including cases and knowledge from the authors' personal experience or referenced sources.

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Published
2022-10-21
How to Cite
Mirzakarimova, M., & Kulmatov, A. (2022). The Significance of Economic Theory as a Scientific and Educational Science. Central Asian Journal of Innovations on Tourism Management and Finance, 3(10), 160-170. https://doi.org/10.17605/cajitmf.v3i10.335
Issue
Vol. 3 No. 10 (2022): October 2022
Section
Articles

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