INSTITUTIONS IN SOCIO-ECONOMIC LIFE – METHODOLOGICAL ISSUES

Abstract

In the paper there were presented results of bibliography researches on methodological issues concerning the old and new institutional economics. The institutional economics has been developing since a few dozen years. Contemporary, after the period of marginalisation, this direction has gained a new nterpretational approach. This article is an attempt of confrontation of two different interpretations of economic reality within the institutional theory. A common methodological approach is inter alia an institution’s interpretation from social sciences’ point of view. In the paper there were presented an example of institutional matrix and an individual’s institutionalisation model as an instrument for an interpretation of social processes taking place on macro, meso and micro levels.