What Are the Different Methods of Economic Analysis?

Economic analysis of political phenomena. It is one of the basic ideas and important methods of Marxist politics. In western politics, it is a method of analyzing political phenomena with the concepts and theories of modern economics.

Economic analysis

Doctrine economy

Whether it is beneficial to social and economic development is one of the important criteria for judging whether a political system, political opinion, or political behavior is reasonable and progressive. Therefore, Marxist political science attaches great importance to the analysis of various political phenomena from the economic side, and believes that in this way, we can understand the complicated political phenomena in a deeper and more thorough manner and reveal the nature and development law of politics. K. Marx is a model of applying economic analysis. Starting with the analysis of the relationship between commodities and capitalist economy, Marx profoundly revealed the basic contradictions of the capitalist society, discovered the objective laws of the inevitable demise of capitalism and the inevitable victory of socialism, and provided powerful ideas for the proletarian revolution and the dictatorship of the proletariat. arms. .. Lenin also revealed the decaying and parasitic nature of imperialism by analyzing the various characteristics of the development of the capitalist economy to the period of monopoly, and pointed out that it had entered the dying stage. The law of imbalance leads to the conclusion that the socialist revolution can triumph first in a country.

The economic analysis method of modern western scholars emerged in the late 1960s. Scholars who advocate using this method believe that human's political and economic activities are a kind of social behavior that humans perform in order to achieve specific goals. Whether political or economic activities exist, how to use the best way, Means to reasonably select and achieve goals. Therefore, the rational choice theory of modern economics can be used to analyze the relationship between political goals and political means in political phenomena. They also believe that political activity is also a kind of social exchange activity, which is in principle consistent with the exchange activity of the commodity economy, and can use market analysis in modern economics as well as concept and model analysis in consumer behavior theory and market equilibrium theory. Political phenomenon. Therefore, they believe that modern economics is the most developed discipline in contemporary social sciences, and the introduction of economics concepts and theories can help improve the scientific level of political science theories. After the emergence of economic analysis in the field of western politics, its status has been rising. Its main research areas include: the reasonable choice of personal and public political behavior; the interaction between politicians, officials and the public in the process of government policy formulation; analysis of government behavior; analysis of international political and economic relations. Modern Western scholars' economic analysis methods are limited to the analysis of a specific political phenomenon, rather than a macro grasp of the entire social phenomenon and its correlation with the social environment.