On December 24, 2025, held a permanent scientific seminar of the Institute of Economics of the National Academy of Sciences of the Republic of Azerbaijan. The scientific seminar was dedicated to the 115th anniversary of Bahman Yusif Akhundov, a prominent economist and corresponding member of the Azerbaijan National Academy of Sciences
At the seminar chaired by Director General, Professor Nazim Muzaffarli, Corresponding Member of ANAS, Professor Shahbaz Muradov shared his memories of Bahman Akhundov, characterized him as a well-known and prominent scientist in Azerbaijani economics, and particularly noted his contributions to the development of economics in our country.
Senior scientific researcher of the Department of "Theoretical Foundations of Economic Policy" of the Institute of Economics of the State University of Economics, Doctor of Economic Sciences Seyfaddin Samandarov made a report on the life path and scientific activity of the scientist. He noted that Bahman Akhundov was born on December 28, 1910 in the city of Iravan. He graduated from the Nakhchivan Agricultural Technical Collage and studied at the Central Asian State Planning Institute in Tashkent. After graduating from high school in 1934, he worked at Azerbaijan State University, entered the postgraduate study of the Moscow Planning Institute named after Krzhizhanovsky in Moscow, and defended his Ph.D. scientific degree under the scientific guidance of the famous scientist Stanislav Gustavovich Strumilin in 1939. B. Akhundov was at the front during World War II and was awarded the medal "For the Defense of Moscow".
B. Akhundov defended his doctoral dissertation on “Monopolistic Capital in the Pre-Revolutionary Baku Oil Industry” in 1951. The publication of this work, which was the product of intense labor, as a monograph in Moscow quickly made the scientist known throughout the Union. B. Akhundov, the first doctor of science in the republic in the field of economics, worked as a professor of the Department of Political Economy at Azerbaijan State University (now BSU) in 1950-1956, and as a vice-rector for scientific affairs of the D. Bunyadzadeh Azerbaijan Institute of National Economy in 1966-1974, and as a professor of the Department of Political Economy at that institute from 1974 until the end of his life. He was a member of the editorial board of the Economics section of the magazines "Azerbaijan Communist" and "News of the Academy of Sciences of the Azerbaijan SSR", and was the editor-in-chief of the magazine "Scientific Works" of the Ministry of Higher and Secondary Specialized Education in the republic.
In 1961, the book “Socio-economic views of M.F. Akhundov and H.B. Zardabi” was published in Russian. The scientist also made a great contribution to writing the economic part of the three-volume book “History of Azerbaijan”. B. Akhundov was awarded the title of Honored Economist of Azerbaijan in 1967, and in 1968 he was elected a corresponding member of the Azerbaijan National Academy of Sciences. He died in Baku in 1984.
S. Samandarov spoke about B. Akhundov's scientific and pedagogical activities, his significant role in the development of Azerbaijani economic science and the upbringing of a generation of economists, and noted his contributions to the development of economic science (economics.org.az).
