Man in the system of social production

The main goal and factor of production, its development and improvement is a person. As a participant in the production, he performs in three persons. On the one hand, man is a producer directly involved in the creation of goods and services. On the other hand, he is a consumer using everything that is obtained […]

Determination of national income. Graphics

Let us consider how it is possible to display and study the main elements of the mechanism for determining national income, based on the principle of effective demand, with the help of graphs. Somewhat simplifying, the principle of effective demand refers to the provision according to which, for sufficiently short periods of time at which […]

The Mechanism for Achieving Macroeconomic Equilibrium with the Help of the Keynes Cross

To avoid significant losses from the decline in production, an active state policy is needed to regulate aggregate demand. Therefore, Keynesian economic theory is often called the theory of aggregate demand. Actual investments include both planned and unplanned investments. The latter are unforeseen changes in investments in inventories (TMZ). These unplanned investments function as a […]

Consumption, savings, investments in the system of macroeconomic equilibrium

As already noted, consumption and investment are important components of aggregate demand, with savings having a significant impact on investment. Investment is usually understood as the use of savings in order to create new production capacities and capital assets. When determining the content of investments, economic and financial aspects are usually distinguished. The economic content […]

Non-tariff regulation of foreign trade in To the Republic of Belarus

In order to improve the procedure for the implementation of foreign trade activities by legal entities and individual entrepreneurs, the President of the Republic of Belarus issued a Decree of 4.01.2000. No. 7 “On Improving the Procedure for Conducting and Controlling Foreign Trade Operations” with subsequent amendments and additions, which approves the Regulation on the […]