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Dynamic Model of the Economy in the Conditions of Ecologization of Production and Consumption Processes

Author

Listed:
  • Hryhorkiv Mariia

    (Dr. Prof., Yuriy Fedkovych Chernivtsi National University, 2 Kotsyubynsky Str., Chernivtsi, Ukraine)

  • Hryhorkiv Vasyl

    (Dr. Prof., Yuriy Fedkovych Chernivtsi National University, 2 Kotsyubynsky Str., Chernivtsi, Ukraine)

  • Buiak Lesia

    (Dr. Prof., West Ukrainian National University, 11 Lvivska st., Ternopil, Ukraine)

  • Pavlovska Anna

    (Dr. Prof., Cherkasy State Technological University, 460 blvd. Shevchenko, Cherkasy, Ukraine)

  • Gaidutskyi Ivan

    (Dr. Prof., National Technical University of Ukraine, 37 Prospect Beresteiskyi, Kyiv, Ukraine)

  • Khoroshun Yuliia

    (PhD Student, Cherkasy State Technological University, 460 blvd. Shevchenko, Cherkasy, Ukraine)

Abstract

The need for greening the modern economy and developing the ecological economy in the future, in which production and consumption processes would be ecologically and socially balanced, is substantiated. Taking into account that ecological and economic systems belong to complex objects of research, the relevance of improving existing and developing new methodologies for their study, in particular development of modeling, which in combination with modern information technologies, has wide opportunities for the study of such objects, is emphasized. The dynamic model of the economy has been developed, under the conditions of environmentalization of production and consumption, which is formalized in the space of ecological and economic variables, taking into account the socio-economic clustering of society. Conceptually, the model is built in such a way that a number of modified models can be offered on its basis. Models of this class are intended for qualitative and quantitative analyzes of the processes of ecological and economic interaction that take place in the studied economy. Simulation experiments with such models make it possible to obtain fundamentally important results regarding the behavior of ecological-economic systems, in particular, to identify general patterns and trends in the development of the economy in the conditions of its environmentalization, which serves as a valuable information base for the development of possible scenarios of ecological-economic development and support for making managerial decisions regarding improvement of the ecological and economic situation in real practice.

Suggested Citation

  • Hryhorkiv Mariia & Hryhorkiv Vasyl & Buiak Lesia & Pavlovska Anna & Gaidutskyi Ivan & Khoroshun Yuliia, 2024. "Dynamic Model of the Economy in the Conditions of Ecologization of Production and Consumption Processes," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 46(4), pages 585-591.
    • Handle: RePEc:vrs:mtrbid:v:46:y:2024:i:4:p:585-591:n:1012
    DOI: 10.15544/mts.2024.53
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    More about this item

    Keywords

    ecological economy; volume of savings; purchasing power; tariff; model; ecological and economic dynamics.;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications

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