The conceptual model of any process of price dynamics includes the interaction of three subsystems, which can be conditionally called “commodity producer”, “consumer” and “market” (Fig.7.17.). The spider-like model (model A), in which demand lags behind supply by one period: D(Pt+1)=S(Pt), also fits into the scheme of Figure 7.17. Rice. 7.17. Conceptual scheme of the […]
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CHARACTERISTICS OF THE SECTORAL AND TERRITORIAL STRUCTURE OF THE UK ECONOMY
The main features of the economy of the United Kingdom of Great Britain and Northern Ireland are: integration into the world economic system; moderate rates of economic growth, corresponding to the classical market economy. Great Britain was the leader of the industrial revolution of the XIX century However, at the beginning of the XX century. […]
Planning and forecasting of investment activities
Forecasting and planning of investments occupies a special place in the system of state regulation of investment activities. Investment forecasting is carried out for long-, medium- and short-term periods at the level of the country as a whole, at the level of individual regions and industries, spheres, complexes, enterprises, firms, etc. The main stages of […]