Page 12 - Azerbaijan State University of Economics

CAUSALITY RELATIONS IN ECONOMIC PROCESSES: METHODOLOGY INTERPRETATION

point of view there is no “fact” without theoretical background. Transfer

of empiric information to scientific fact is possible only in case when the
first passed through theoretical filter. On other hand, economic fact has

always theoretical burden. Empiric information which has not any
theoretical burden or was not interpreted within any theoretical structure

cannot be applied in further investigations.

Casualty: dilemma between subjectivity and objectivity
If we look at the nature and structure of global economic system

we will see that subjectivity factor plays important role in economic
investigations. In general the dilemma between subjectivity and

objectivity always brought about the problems and nowadays this matter
THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE
is of current interest in economic science. This matter is so important
that it is impossible to neglect or ignore it at all. I consider that the

presentation of the mentioned dilemma in two separate aspects (not as
entire object) and drawing your attention to their effect on economic

determinism is the most appropriate approach, because assessment of
this dilemma as single item is not practicable. In other sciences, like

nature-study, the treatment of the problem is different from point of both

from specifics and logical structure. The differences and their reasons
have been already discussed and investigated. Therefore, I will focus on

aspects of the dilemma in economic processes and investigations. Thus
following two points are coming to attention:

1) the subjectivity problem of causality;
2) role of subjectivity in reality – false, reality – misleading

relations.

12