Quantitative methods of economic analysis

Quantitative methods of economic analysis – Application of mathematical and econometric methods and models (from the simplest to most complex) when examining economic phenomena and processes and phenomena. It is possible because many economic phenomena can be quantified and expressed through numbers and models. This fact strengthens the argument of economic science in determining economic laws, that is, its rigor, and brings it closer to the natural sciences. However, some of the factors that determine economic phenomena can not be quantified. It is therefore necessary for the application of quantitative methods in the economy to upgrade with qualitative economic analysis. The emphasized trend of the application of these models in the World War II economy and especially the last thirty years. The rapid development of computer technology allows solution and the most complex economic models. On the other hand, the emergence of the theory of rational expectations brought revolutionary changes in the method of modeling economic processes. The application of these models in the Macedonian economic practice is still modest. Among the regular university professors, the merits of the development of scientific disciplines related to the quantitative methods of economic analysis, they belong to: Nikola Davidovic (first teacher at the economic faculty he taught and developed disciplines mathematics for economists and actuarial mathematics), Drago January), Drago Janev ( Professor of the same disciplines at the Faculty of Economics in Skopje and the first doctor of actuarization in Macedonia), Borislav Blagoev (university professor of statistics), Aleksandar Kurchiev (professor of statistics at the Faculty of Economics in Skopje), Slave Risteski (Professor of Statistics at the Faculty of Economics at the Faculty of Economics SKOPJE), Gligor Popovski (statistics), Miroslava Momirira – Marjanovic (Econometrics), Blagoja Starkovski and Noble Theodosievska (Operational Research), Vera Naumoska (mathematical methods and models). In the last few years, experts in the NBM Research Directorate have significant results in the application of quantitative models, which determine the implications of monetary factors (money and loan) on aggregate demand, interest rates, actual factors, etc.. Progress in this plan is evident in the experts of the State Statistical Office. Exhibition: 50 years Faculty of Economics – Skopje, Skopje, 2000; Internal materials from other relevant institutions. T. F. – M. S.


Original article in Macedonian language Cyrillic alphabet
Кириличен напис КВАНТИТАТИВНИ МЕТОДИ НА ЕКОНОМСКАТА АНАЛИЗА

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