ECONOMIC AND MATHEMATICAL METHODS OF ANALYSIS AND FORECASTING OF ECONOMIC DYNAMICS: OPPORTUNITIES AND LIMITS OF APPLICATION

UDC 519.86

Authors

G.A. SHCHERBAKOV

Abstract

The problem of improving the systems of economic foresight, modeling options for the development of the economic complex remains open, and achieving a balanced process for future economic growth and the stability of the world economic system largely depends on its solution. The presented article describes the prospects and limits of the possibilities of using econometric methods in the field of forecasting economic processes, as well as problems encountered in the course of these studies.

Keywords

economic forecasting, the method of leading factors, production costs, energy costs of production, economic development, economic theory.