Problems in the Study of the Concepts of Underlying Categories


  • Guzel R. Faizova
  • Olga S. Sheremetyeva
  • Alfiya R. Matveeva



Underlying categories, Economic good, Public good, Utility, Value, Cost.


This paper considers the concepts of underlying categories. The economic good is one of such categories. In this regard, we considered such characteristics of an economic good as utility, value, and cost. The public goods, which are the goods that can benefit society and have two distinctive features, are an important category as well. In this regard, we characterized the characteristics and features of public goods and identified the main problems in this category. At present, the actual problem faced by the state is the production and evaluation of the effectiveness of public goods. The difficulty is that it is impossible to accurately determine the production volume of goods necessary for the society. Assessment of the effectiveness of the state activities requires the development of special tools. The existing legislatively defined methods have a number of shortcomings and do not allow obtaining an objective picture. Financing of most public goods occurs at the expense of the state, so it is very important to ensure and increase the efficiency of their spending at the moment. Public-private partnership is the most promising tool for better satisfying the needs of the population. The main goal of this work is to identify and discuss the main characteristics of the concepts of underlying categories and explain possible problems, issues faced by the state and the society.


Adzic, S. & Sasa, R. (2008). Crisis Management and Sanitation of Enterprises for the Production of Public Goods. Serbian Journal of Management, 1(2), 123-138.

Dictionary of Business Terms (2017). [Electronic Resource] Retrieved from:

Dictionary of Crisis Management Terms. [Electronic Resource] – Access mode:

Donici, G. A. & Încalțărău, C. (2010). Public Goods and the Problem of Economic Calculus. CES Working Papers, 2(2).

Fattakhova, A. R. & Khakimova, S. D. (2016). Assessment of the Quality of Financing the Social Needs. Internet Journal Naukovedeniye, 8(3).

Gruber, J. (2012). Public Finance and Public Policy.

Investopedia (2017a). Public Good. Retrieved from:

Investopedia (2017b). Free Rider Problem. Retrieved from:

Modern Economic Dictionary (2017). [Electronic Resource] Retrieved from:

Rogachev, A. F. & Gagarin, A. G. (2012). Critical Analysis of the Utility Theory Provisions., Economic Sciences, 1(25).

Sorvanova, Ya. A. (2016). Public Goods. Electronic Scientific Journal, 5(8).

United Nations Industrial Development Organization (2008). Public goods for economic development. Vienna.

Vaslavskaya, I. Y.; Koshkina, I. A.; Fattakhova, A. R.; Khakimova, S. D. & Fursov, V. A. (2016). Methodology to Measure the Effectiveness of Social Services. International Review of Management and Marketing, 6(S5).

Vaslavskaya, I. Yu. & Fattakhova, A. R. (2016). Conditions and Advantages of Implementation of the Public-Private Partnership Projects in the Social Sphere (on the Health Care Example). Scientific and Practical Journal of the UEPS: Management, Economics, Politics, Sociology, 2.


How to Cite

Faizova, G. R., Sheremetyeva, O. S., & Matveeva, A. R. (2017). Problems in the Study of the Concepts of Underlying Categories. Journal of History Culture and Art Research, 6(4), 1276-1283.