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Mathematical Methods and Models in Economic Planning, Management and Budgeting (Paperback, Softcover reprint of the original 2nd ed. 2015)
Loot Price: R5,875
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Mathematical Methods and Models in Economic Planning, Management and Budgeting (Paperback, Softcover reprint of the original 2nd ed. 2015)
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This book describes a system of mathematical models and methods
that can be used to analyze real economic and managerial decisions
and to improve their effectiveness. Application areas include:
management of development and operation budgets, assessment and
management of economic systems using an energy entropy approach,
equation of exchange rates and forecasting foreign exchange
operations, evaluation of innovative projects, monitoring of
governmental programs, risk management of investment processes,
decisions on the allocation of resources, and identification of
competitive industrial clusters. The proposed methods and models
were tested on the example of Kazakhstan’s economy, but the
generated solutions will be useful for applications at other levels
and in other countries. Regarding your book "Mathematical Methods
and Models in Economics", I am impressed because now it is time
when "econometrics" is becoming more appreciated by economists and
by schools that are the hosts or employers of modern economists.
... Your presented results really impressed me. John F. Nash, Jr.,
Princeton University, Nobel Memorial Prize in Economic Sciences The
book is within my scope of interest because of its novelty and
practicality. First, there is a need for realistic modeling of
complex systems, both natural and artificial that conclude computer
and economic systems. There has been an ongoing effort in
developing models dealing with complexity and incomplete knowledge.
Consequently, it is clear to recognize the contribution of Mutanov
to encapsulate economic modeling with emphasis on budgeting and
innovation. Secondly, the method proposed by Mutanov has been
verified by applying to the case of the Republic of Kazakhstan,
with her vibrant emerging economy. Thirdly, Chapter 5 of the book
is of particular interest for the computer technology community
because it deals with innovation. In summary, the book of Mutanov
should become one of the outstanding recognized pragmatic guides
for dealing with innovative systems. Andrzej Rucinski, University
of New Hampshire This book is unique in its theoretical findings
and practical applicability. The book is an illuminating study
based on an applied mathematical model which uses methods such as
linear programming and input-output analysis. Moreover, this work
demonstrates the author’s great insight and academic brilliance
in the fields of finance, technological innovations and marketing
vis-Ă -vis the market economy. From both theoretical and
practical standpoint, this work is indeed a great achievement. Yeon
Cheon Oh, President of Seoul National University
General
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