There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

There are a great deal of institutions for higher education throughout Kyrgyzstan. This includes around thirty-seven public universities and eighteen private universities. Prominent universities in Kyrgyzstan include University of Central Asia and Kyrgyz National University.