The Economic Metronome Cover Image

Икономическият метроном
The Economic Metronome

Author(s): Iliya Balabanov, Nikolay К. Vitanov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: JEL: B41; B59; C02; C62; D21; E6

Summary/Abstract: The economic metronome (IM) is a term for a mathematical formula of a set of fundamental interrelations of a key importance for the value-monetary expression among: the main factors of business activity of any kind; their productivity; the primary proportions in production, distribution, exchange and consumption of the commodities; the development rates of any activity. The formula is an attempt to create an instrument to measure more precisely the potential opportunity and the actually achieved efficiency of the business activity, for more-reliable forecast and projection of its development in the future at the stage of investments and innovations.

  • Issue Year: 2010
  • Issue No: 6
  • Page Range: 3-33
  • Page Count: 31
  • Language: Bulgarian