Abstract
The paper is devoted to the theoretical and methodological foundation of management of the Investment and Construction Complex (ICC) of Russia. The result of the research is to substantiate the organic connection of the basic concepts of political economy and microeconomics with the Theories of Industrial Markets and Organizations, management of construction and design companies. The conditions for realization of the GNP by Quesnay and Marx justify the place of ICC in the expanded reproduction of GNP. The Ith division includes the construction of industrial, transport, and infrastructure facilities, the production of structures, building materials, and construction equipment. In the IIth – civil, socio-cultural, and housing construction. The ICC, interacting with all sectors of the economy, is part of the Inter-industry Balance created by the Ministry of Economic Development together with the Ministry of Construction. The Ministries and the Bank of Russia are adjusting the financial model of the construction industry, which includes funding from the state budget at all levels, the banking system of mortgage lending, private capital and household investments. Among the microeconomic foundations of ICC management, there is shown the role of the concept of supply and demand in the behavior of construction organizations in the oligopolistic and competitive segments of the profile market. The market for the design of industrial and civil facilities, unlike construction and banking, is competitive. With this in mind, the provisions of A. Marshall on the functions of supply, demand, its elasticity and J. Robinson for markets of perfect and oligopolistic competition are confirmed. Financial management of a construction and design companies, their optimal output volume and maximum profit are based on a microeconomic justified equilibrium condition of the firm. The fundamental principles of microeconomics methodologically underlie the management decisions of construction and design organizations.
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