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In the twentieth century Russian scholars who applied mathematical methods in eco­nomics made a major contribution to the development of the discipline.

In this period the discipline of economics in Russia was to a considerable extent influenced by political and economic processes and the history of mathematical economics can, accordingly, be divided into six periods: (1) from the end of the nineteenth century to the revolution of 1917; (2) the period of the New Economic Policy when significant progress was made; (3) from the 1930s to the mid- 1950s (notable for the work of L.V.

Kantorovich and V.V. Novozhilov); (4) from the mid-1950s to the mid-1960s (when the Russian School of mathematical economics was created); (5) from the mid-1960s to the mid-1980s (during which period there was little progress before “perestroika”); (6) and from the mid-1980s to the present day (when Russia joined the mainstream of world economic thought). However, the most significant results had been achieved by the early 1960s. (For more details, see Belykh 2007).

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Source: Faccarello G., Kurz H.D.(eds.). Handbook on the History of Economic Analysis. Volume II: Schools of Thought in Economics. Cheltenham: Edward Elgar,2016. — 498 p. 2016

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  1. In the twentieth century Russian scholars who applied mathematical methods in eco­nomics made a major contribution to the development of the discipline.
  2. Faccarello G., Kurz H.D.(eds.). Handbook on the History of Economic Analysis. Volume II: Schools of Thought in Economics. Cheltenham: Edward Elgar,2016. — 498 p, 2016
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