Page 28 - Azerbaijan State University of Economics

CAUSALITY RELATIONS IN ECONOMIC PROCESSES: METHODOLOGY INTERPRETATION

dilemmaof concept – existence should identify the misleading. At least

from point of view segregation of concept from existence is
meaningless. Therefore denial of causality principal in most of

investigations brings about misleading of different scale.
In order to understand the nature and concept economic notion the

process of causality – condition – result is irreplaceable. As a result of

performed investigations we came to conclusion that if we take into the
consideration only economic features of mentioned above process, we

will be able to not only identify and assess the reality, but also to
eliminate existing methodology misleadings:

1. Formation and understanding the knowledge about the

economic notion
2. Identification of logically correlated with each existence

conditions of economic notion;
3. Understanding the meaning of the wording used in economic

literature;
4. Estimation of applied interpretation and its consistency with

reality;

5. Determination of probability degree of set future expectations.
At the same time causality principle is very important from the

point of view of identification of reality and its assessment.

References
1. Aristotel. Metaphysics. V book. /translation. V. D. Ross /.М;
2007 (in Russian).
2. Barro R. Economic Growth in a Gross-Section of Countries //
The Quarterly, Journal of Economics. 1991.
3. Becon F. Selected 2 volumes. Phylosophic inheritance.
Thought; М; 1971-1972. (in Russian)
4. Besk T. Levinl R. Legal institutions and Finansial

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