Economics and Management Engineering | Article | Published 2020
Abstract— The effective organization and management of the money circulation system in the economy is considered one of the fundamental studies of the sphere. However, this issue is not considered as an object in the scientific research of domestic scientists and economists. In the conditions of transformation into a modern economy (digital economy), the attention of economists is attracted by the significance, relevance and scientificness of the abstractions advanced in the theory of monetary circulation. This article is devoted to a review of scientific abstractions of the theory of monetary circulation in history and modern conditions. The proposed abstractions contribute to ensuring the effectiveness of the decisions made and adopted on the development of this sphere by the responsible authorized bodies (monetary and tax authorities).