“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.
Prof. Sh.G. Askerov, A.Sh. Askerov
The article considers the econophysical analysis of the relationship between monopoly and competition and the philosophy of progress. It is shown that competition being a derived monopoly displaces the competition providing progress, and to achieve progress, a nonlinear increase in the production of output by the passage of time is necessary.
Key words: monopoly, competition, philosophy of progress, linear output, polycrystal.
JEL Classification: A12