Subject and Keywords:
The axiological justification of legal norms is an important area of research on general legal problems. Legal norms should be embedded in values, and constitutional institutions and values constitute the basic point of reference for adopted legal regulations, setting the direction of regulation. In the research on public economic law, the method of recognition and the constitutional guarantee of the economic system are of particular importance. This approach has a direct reference to the functioning of public administration in the economy economic administration as a directive of its specifi c activity, defining a system of values protected by public economic law. Constitution is the source of fundamental values and legal institutions that give legal constructs a uniform meaning for the whole science of public economic law. Institutions and constitutional values order the actions of public administration in a specific sphere, which is the economy.