“Economic Sciences: theory and practice” is scientific, refereed, biannual journal. The Journal of “Economic Sciences: theory and practice” has been founded by Azerbaijan State University of Economics in 1994.
The Journal has been received to registration in the centre of international ISSN (International Standard Series Number, ISSN-2220-8739). Also, it has been included by the Supreme attestation Commission under the President of Azerbaijan Republic to the list of scientific publications on economic sciences.
Adalat Jalal Muradov, Prof. Dr. Rector of Azerbaijan State University of Economics Nazim Ozbey Hajiyev, Associate professor, Dr., MBA director, Azerbaijan State University of Economics
Abstract. Historical dynamics of a competition and monopoly are analysed in logic order from the theoretical point of view in this article. It is necessary to note, that comparison of dynamics of a competition and monopoly was various under various historical conditions. From this point of view, an opportunity to reveal periodical objective laws the important condition during research of process of historical changes of attitudes of a competition and monopoly. These objective laws have not been investigated in the economic literature.
Key words: competition, monopoly, local markets, market structure, economic development.
JEL Classification Codes: D41; 42;43