Subject Sustainable development is achieved by the balance of three components, i.e. economic, social and environmental. The article examines the economic component of sustainable development through assessing the utilization of different types of resources and competencies. Objectives Based on a resource-oriented approach to assessing the operation of economic systems of different hierarchical levels and purposes, the study aims to create algorithms (models) enabling to assess sustainable development, which is characterized by the quantity and quality (efficiency) of consumed resources. Methods The study rests on the historical approach using general and special methods of analysis, synthesis and analogy. Results The developed algorithms (models) enabled to reveal interrelations between efficient use of resources and the type of economic development, types of financial stability, the stage of systems' life cycle at the production phase, the risk level, and the financial condition. In other words, a single methodological base is created to analyze sustainable development of economic systems of different hierarchical levels and purposes. Conclusions and Relevance Development is sustainable, if there is an increment in the intensive type of economic systems' development. The invariant characterizing the sustainable development is the availability of intensification of resource utilization.
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