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.

Russia (Russian: Россия) is by far the largest country in the world, covering more than one-eighth of the Earth's inhabited land area. The former State Committee for Higher Education in Russia financed 240 universities, academies and institutes, making Russia a solid country to study in.