MODELING ECONOMIC PROCESSES BY ECONOMIC AND MATHEMATICAL METHODS

Abstract

          This article deals with economic, mathematical models and methods of modeling various processes using them as a subject of a research. The aim of a research based on the current problems of the economy, ways to model the accuracy of expenditures and income using mathematical methods, the necessary and sufficient conditions for their application. Funds and resources are not always sufficient to solve all economic problems. Moreover, to achieve the most effective result, it is necessary to create an action plan, algorithm, program or model with limited resources. The only solution is to make a model of the economic-mathematical method using mental labor, reducing the cost of solving the problem. In addition, the solution of business processes, economic problems through modeling with the help of economic and mathematical methods – has proven to be a scientifically and methodologically based approach, which is used in business and science.