The Subject and Structure of Modern Economic Theory

Economics is an ancient science. Its beginnings were laid in the kingdom of Babylonia in 1800 BC, when the first set of laws for the management of the state was created. Among them were the laws of economic management – the economy. In modern society, the role of economics and economic science has increased so […]

Conditional example of analytical calculation based on MSM

General scheme Suppose that the economy in question consists of only two branches (industry and agriculture), the distribution of products of which is reflected in Table. 6.7. Table 6.7 Resource requirements by component General diagram of the original version of the conditional example Industries- Consumers Industries- Manufacturers Intermediate consumption Final Product (KP) Gross Domestic Product […]