MATHEMATICAL DESCRIPTION OF ECONOMIC GROWTH AND WELL-BEINGS WITH THE HELP OFTECHNOLOGICAL SET

Authors

  • E.A. Loktionova ФГБОУ ВПО «Орловский государственный институт экономики и торговли» Автор
  • M.V. Korzhova ФГБОУ ВПО «Орловский государственный институт экономики и торговли» Автор

Keywords:

production process, technological set, production function, consumption, input vector, economic trajectory, optimality

Abstract

Technological set is applied for mathematical description of production processes at higher level. This way of production description by means of technological set generalizes the concept of production function and represents general formalization of the concepts of effective and profitable trajectories of economy and their property.

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References

Макаров С.И. Математика для экономистов: учебное пособие. - М.: КНОРУС, 2008. - 264 с.

Бардовский В. П., Рудакова О. В., Самородова Е. М. Экономика: учебник. - М.: ИД «ФОРУМ», ИНФРА-М, 2011. - 672 с.

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Published

2015-03-15

Issue

Vol. 4 No. 2 (2015)

Section

Articles

How to Cite

MATHEMATICAL DESCRIPTION OF ECONOMIC GROWTH AND WELL-BEINGS WITH THE HELP OFTECHNOLOGICAL SET. (2015). Economic Environment, 4(2), 110-116. https://econenv.owebs.ru/article/view/3128