Improving the economic analysis of wage payments using mathematical methods

Indeed, far fewer other managerial functions are provided with methodological developments, an analysis in which a considerable number of questions are raised to the needs of practitioners to the developers of its paradigm bases. In spite of the fact that at present there is a large number of papers published on the issues of analysis and a number of general-sectored guidance materials have been published, many of them, for various reasons, do not allow the study of all aspects of the activity of enterprises. Weak theoretical development and practical application of specific methodologies for analysis at various levels of production management are highlighted by many leading experts. In assessing the situation, it is noted that the lack of regulatory and sectored methodologies of the subsystem is a brake on the development of analysis in the economic system of the state. Instructional and methodological instructions of analysis issued by the Ministry of Finance of Ukraine and the National Bank of Ukraine can not fill this gap, as they are for financial and credit agencies and can not cover all issues subsystem with which daily face planning and accounting workers to enterprises. Arguably, the current conditions of coordination of enterprises, characterized by the development of economic forms of influence on the production process, the further improvement of planning and systematic distribution of market relations, the introduction of economic-mathematical methods and machines of electronic digital, set the latest problems before the theory and practice. It is proved that the nodal task is formation of universal methodological materials for analysis for the enterprises, which allow studying various approaches of economic activity for any calendar period and meeting the requirements of multilevel construction of perspective management systems. It is justified that only in the presence of the methodology of all target methods will it be sufficiently comprehensive in both substantive and procedural terms to cover economic analysis at industrial enterprises (industrial associations), will become a real weapon of search of their economic activity, etc.

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A Case Study in Early Mathematical Economics: Pietro Verri and Paolo Frisi, 1772

Journal of the History of Economic Thought ◽

10.1080/10427710220134367 ◽

2002 ◽

Vol 24 (2) ◽

pp. 195-214 ◽

Cited By ~ 2

Author(s):

Paola Tubaro

Keyword(s):

Eighteenth Century ◽

Economic Analysis ◽

Mathematical Methods ◽

Mathematical Economics ◽

Economic Issues

In eighteenth-century Italy a number of interesting efforts were made to apply mathematical methods to economic analysis. Scholars living in the Milan area were especially keen on mathematizing economic issues. R. D. Theocharis identified a common current of thought, which he called the Milanese School, in his pioneering research on early mathematical economics (Theocharis 1983, p. 2).

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Modern trends of development of economic Analysis Methods

Accounting Analysis Auditing ◽

10.26794/2408-9303-2019-6-2-47-51 ◽

2019 ◽

Vol 6 (2) ◽

pp. 47-51

Author(s):

N. S. Plaskova ◽

Е. V. Prokofieva

Keyword(s):

Economic Analysis ◽

Fixed Costs ◽

Mathematical Methods ◽

New Methods ◽

Industrial Organizations ◽

High Quality Information ◽

Objective View ◽

Production Organization ◽

The Impact ◽

Theoretical Foundations

The focus of this paper is on the improvement issues of the theoretical foundations of economic analysis, on the development of its instrumental framework and practical use of economic and mathematical methods in the study of the costs of industrial organizations. One of the main directions of creating an effective management system for industrial organizations is the formation of a high-quality information and analytical base, of which the methodological basis for the analysis should be improved in terms of using the whole set of classical and new methods of economic-mathematical toolkit. On the basis of its classical methodological toolkit, the development of the scientific foundations of economic analysis should be enriched by modern methods, types, and directions of the studies of economic processes and their results at all levels of management. The intensification of the search for the new opportunities of the existing tools of economic analysis and the emergence of fundamentally new methods in its arsenal is determined by their practical relevance. The article attempts to adapt the classical correlation economic-mathematical method of analysis and use it to solve the practical management task of ranking cost items to form an objective view of the impact of their nature and structure on the levels of assortment margin and full profitability of a production organization. The mechanism of using the correlation-regression method of economic analysis offered in the article is sufficiently versatile and for the necessary management purposes it allows ranking the costs associated with the production and sale of products, to form objective information about the structure and levels of variable and fixed costs in the retrospective and predictive aspects that gives the opportunity to assess the aggregated and detailed indicators of marginal profitability of the organization realistically as a whole and for various objects of calculation.

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