Home  Journals  Economic Analysis: Theory and Practice  16(145) – 2009 June

Analysis of application of the notion “balanced economy” and “unbalanced economy”, “stable development” and “unstable development”

Available online: 30 September 2009

Subject Heading: Economy questions

JEL Classification: 

The article examines modification from the position of synergy of notions of balance and stability with regard to economic systems in comparison with their interpretation in the framework of neoclassic approach. More correct in the framework of synergy approach is application of terms quasi-equilibrium and quasi-stability and indication of time interval on which the system is analyzed. At the same time to appraise ranges of fluctuations of economic indicators perspective one is use of spline-technologies allowing obvious separation of cycles at phase portraits made on the basis of data about economic dynamics. Research of cyclic economic dynamics with the help of total factor production allows obvious interpretation of quasi-stability of economy at quality level.

Keywords: notion, development, economy, system, framework, modification, economy, finances, approach, interval, fluctuation, indicator, evaluation, phase, cycle

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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