Studying economic phenomena and processes, laws and patterns of their course and development, the mechanism of management, economic theory performs three main functions. First, it is a cognitive function. It means that economic theory as a science serves people to learn complex, largely interdependent and intertwined processes of economic development, indistinguishable to superficial observation, to […]
Tag: function
Solving the Dual Linear Programming Problem
Earlier we considered the direct problem of linear programming: In the system of inequalities, there should be the same type of signs “less than or equal”. Therefore, multiply the inequality by –1 and change the inequality sign to the opposite. Limiting the integer number of variables is not required here. The solution of the direct […]
The concept of correlation and regression analysis
To solve the problems of economic analysis and forecasting, statistical, reporting or observable data are very often used. At the same time, it is believed that these data are values of a random variable. A random variable is a variable that, depending on the case, takes different values with some probability. The law of distribution […]
ECONOMIC AND GEOGRAPHICAL CHARACTERISTICS AND NATIONAL SPECIFICS OF THE COUNTRY
Japan is an island nation located in East Asia. The geographical position of Japan is characterized by a significant elongation from the north-east to the south-west by 3.5 thousand km, which led to a variety of natural conditions. The island of Hokkaido is located in a moderately cold climatic zone, the island of Honshu […]
Financial system: concept, structure and functions
The term “finance” comes from the Latin “financia”, which means payment. For the first time with the meaning of “money payment” it began to be widely used in the 13th and 15th centuries. in Italy, whose cities (Florence, Venice, Genoa) were at that time major centers of trade, monetary settlements and banking. In the future, […]