1. Macroeconomics consists of four main sectors of economic activity – real, budgetary, monetary and external. The main relationships between sectors are most clearly defined through the System of National Accounts, a set of internationally accepted rules for the accounting of economic activity. The basis of accounting is institutional units (non-financial corporations, households, non-profit institutions, […]
Tag: obligations
Essence, objectives and principles of planning
In a market economy, planning occupies an important place in the system of internal management. Planning is the process of developing, justifying, organizing and monitoring the implementation of plans. This is a continuous process of determining the goals and ways to achieve them, as well as assessing the possible impact of decisions on the final […]