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Macroeconomic Analysis and Parametric Control of a National Economy (Hardcover, 2013 ed.)
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Macroeconomic Analysis and Parametric Control of a National Economy (Hardcover, 2013 ed.)
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This is a sequel to the book by Dr. A. Ashimov and his colleagues,
Macroeconomic Analysis and Economic Policy Based on Parametric
Control. The authors have expanded both the developed mathematical
apparatus and the scope of problems and applications stemming from
the practice of steering a national economy of a small country in
the dynamic environment of the international economic order. The
developed theoretical foundation is used in Chapter 1 to suggest a
decision support system operating in the framework of state
economic policy making. Chapter 2 presents various mathematical
models built on the basis of the available statistical data and
provides quality assessment of these models. Parametric control
problems are being formulated on the basis of these models as
problems of mathematical programming, and the obtained solutions
are subjected to analyses and interpretations. This is demonstrated
by the analysis of the effect of uncontrollable factors on the
problem solutions. Chapter 3 is aimed at the modelling and analysis
of cyclic phenomena in economics and their structural stability.
Chapter 4 presents solutions of specific problems of national
economy and analysis and interpretation of their solutions. In
summary, the authors formulate comprehensive mathematical models of
some critical mechanisms in micro economics previously known only
on a qualitative level. They provide vigorous mathematical analysis
of the models that justifies their applicability for the
formulation of parametric control problems, and the existence of
model-based solutions. The complexity of the resultant problems is
addressed by the formulation of the appropriate algorithms. The
described methodology leads to the development of computer-based
decision support systems.
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