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Golomolzina, N.V. Inframarginalism as a vector for the development of the modern economic science.

Abstract: The inframarginal economics is a rather new division within the economic science, and it is based upon the inframarginal analysis with the attention focused upon the problems of an economic organization. The article discusses the nature of inframarginal analysis, and the theoretical bases, which distinguish inframarginalism from marginalism within the neo-classical economic theory. The author shows importance of the inframarginal approach for the development of the modern economic science. In this article the inframarginal analysis is viewed through the prism of economic theory. The complex study in the perspective of a neo-classical model and the model by A. Smith allows one to draw conclusions on the place of inframarginal analysis in the process of searching for the business solutions. While the neoclassical approach concentrates upon the optimum distribution of limited resources, the inframarginal economy pays attention to the economic organization problems. Many economic goals are not limited to resource allocation, since such an attitude would leave some important economic development issues relating to the type of economic organization outside the scope of analysis. An illustration to the difference between the organizational and distributional criteria may be found in the «deadweight» monopolies, which is a negative factor from the resource allocation standpoint, while it is not that obvious when one is to evaluate the perspectives of scientific technological progress. Finally, the main reason for the changes in the economic development is related to the issues of economic activity organization.


Keywords:

inframarginal economics, inframarginal analysis, neo-classical approach, classical model, economic organization, economic science, structural qualities, economic solutions, individual specialization, costs.


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