THE EFFICIENCY ANALYSIS OF THE MATHEMATICAL MODELING METHODS APPLICATION IN THE ECONOMY

Abstract

The article analyzes the relevance and effectiveness of the use of mathematical modeling methods in the modern economy. Also, in the article the basic stages of the process of mathematical modeling, classical economic problem that can be solved using this method. The article presents arguments proving the need to use mathematical modeling techniques as an integral part of effective management of the enterprise. It should be noted that a huge impact on the development and application of mathematical methods in the economy was and continues to be provided by the improvement of computing technology. Mathematical modeling also does not stand still, and develops in step with the improvement of personal computers. Yes, it is now possible to use those methods that could previously be described only theoretically or using simpler examples. Thanks to computer technology, the risk of errors in solving tasks is reduced and the time spent on solving them is significantly reduced. Solving tasks of economic analysis by mathematical methods is possible only when constructing mathematical, that is, real economic relations and dependencies of expressions using mathematical analysis. This calls for the development of mathematical models. Mathematical methods play an important role in economic analysis, as they can provide accurate calculations and full accounting of the influence of factors using short-term forecasting methods and management decision-making at the enterprise. The article highlights the results of research and development in the field of analysis of economic processes and systems based on the use of economic and mathematical methods and tools. The mathematical apparatus of economic research was developed and it was proposed to integrate applied methods and solutions into efficiency improvement tools. The research presented in the article will be useful to everyone who is interested in the theory of mathematical methods of economics. Some of the presented methods and models can be used directly by practitioners in this field.