Home  Journals  Economic Analysis: Theory and Practice  35(164) - 2009 December

Thermodynamics’ approach to the analysis of costs in conception of working out economic systems’ development strategy

Available online: 7 December 2009

Subject Heading: ECONOMY AND MANAGEMENT QUESTIONS

JEL Classification: 

The article contains economic system’s theoretical research with the use of conceptions of thermodynamics. Analytical expressions are obtained that connect structural and functional expenditures of an economic system through entropy. An expression for economic system’s entropy calculation taking account of concrete industrial parameters is offered. The article contains theoretical calculations entropies changes of economic system depending on changes of functional, structural expenditures and the index of non-linearity of economic system’s output. Nature of transaction expenditures changes depending on economic system’s entropy is investigated.

Keywords: expenditures, strategy, entropy, economic, system

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

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