science

Types of economies

Economics is a science that analyzes what, how, and for whom society produces. The central economic problem is to reconcile the conflict between people’s unlimited demands with society’s ability to produce goods and services.
In industrial Western countries markets are to allocate resources. The market is the process by which production and consumption are coordinated through prices.

Moral problems of a science

Science occupies very important place in the contemporary world, interacting with different spheres of social life while being a necessary condition of the solution of many problems. One should say that the higher educational science is the key element of the scientific potential of the country and determines the quality of training highly skilled specialists; therefore the observance of the ethics of higher educational science is the characteristic of the cultural development of society and modernization of higher education.

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