economic theory

Grozny State Oil Technical University named after Academician M.D. Millionshchikov
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About the training program

It is a fundamental scientific specialty that studies the production, distribution, exchange, and consumption of goods and services, as well as the behavior of economic agents (individuals, firms, states) under conditions of limited resources, focusing on the modeling and analysis of fundamental economic processes and institutions to explain economic growth, income levels, and other macro- and microeconomic phenomena. It is the basis for the development of applied economic disciplines.

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