Home  Journals  Finance and Credit  34(466) - 2011 September

The oil price and macroeconomic indicators: interrelation and interference

Available online: 26 September 2011

Subject Heading: QUESTIONS OF ECONOMY

JEL Classification: 

In the article is defined the reason for raising oil prices in the last decade. It is offered a model of the interrelation the oil prices, world gross national product and oil demand. It is marked that the basis of the raising oil prices is a strong price growth of oil demand concerning rates of increase of the world economy.

Keywords: gross national product, inflation, a business cycle, gamble

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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