THE SCOPE OF CONTEMPORARY MODERN ECONOMICS: A LITERATURE REVIEW ON THE INTERACTION BETWEEN PRODUCTION, CONSUMPTION, INSTITUTIONAL STRUCTURE, TECHNOLOGY, GLOBAL FINANCE, AND SOCIAL–ENVIRONMENTAL ISSUES
Keywords:
contemporary modern economy, production, consumption, institutional structure, technology, global finance, socio-environmental issuesAbstract
This study discusses the scope of the contemporary modern economy through a literature review that examines the interaction between production, consumption, institutional structure, technology, global finance, and social-environmental issues. The results of the study show that the contemporary modern economy can only be understood holistically through a multidisciplinary approach that integrates economic, social, and environmental aspects. These findings provide a conceptual basis for the formulation of policies that are more inclusive, sustainable, and responsive to global dynamics.
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