Open AccessComplex Modeling of the Economic Systems Stability
Author(s) -
E.L. Toroptsev,
Aleksandr S. Marahovskiy,
А. В. Бабкин
Publication year - 2019
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.179
H-Index - 26
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/272/3/032175
Subject(s) - computable general equilibrium , profit (economics) , economics , stability (learning theory) , general equilibrium theory , economic stability , work (physics) , welfare , computer science , mathematical economics , microeconomics , macroeconomics , engineering , machine learning , mechanical engineering , market economy
Our work is devoted to the problem of the economic systems stability analysis. At the same time, we call stable those economies that demonstrate growth and expansion up to the limits guaranteed by the modern level of technological development of mankind. Such growth in terms of “production”, “profit”, “business cost” should be harmoniously combined with the welfare growth and fundamental “confidence in the future” of the people. The objectives of the study are: 1) the analysis of the factors that are difficult for modeling both in general and in the study of the economic stability problems in particular; 2) the development of options to improve the validity, effectiveness and practical value of the equilibrium models use for the options of economic policy, its results and prospects mapping. Substantiation of expediency of stability, economic and welfare growth modeling on the basis of a set of computable General equilibrium models, and dynamic input-output models; 3) the development of mathematical algorithm for optimization of economic systems’ own dynamic properties, auxiliary functions of the transient processes quality simulating investment activity in economy as a necessary condition for the economic growth.