EXTENDED ECONOMY MODEL
A.V. Zonova, V.M. Karaulov
Vyatka State University, Kirov, Russian Federation
Keywords: expanded model of open economy, controlled parameters, formation of value, final product consumption, generation of budget and national income, movement of funds
Abstract
The issue of development of expanded (open) model of economic performance, making it possible to account for the specifics of any country or region inclusive of internal and external factors, was considered. An expanded economy model is based on the core economy model containing the system of controlled parameters. Mathematical formulas of the models are presented. The study revealed the principle of the model construction and the way the system of controlled parameters in the expanded economy model makes it possible to «customize» the model against specific conditions of national, regional and sectorial economic performance.
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