Abstract

The object of research in this article is the market mechanism of management of socio-economic systems. The subject is the study of the stability of the functioning of the market mechanism. The market mechanism is able to solve tactical issues in the management of socio-economic processes and is not able to solve strategic tasks that ensure the sustainable development of the state (military, social and economic security). Therefore, under certain conditions, regulation of market processes by the state is required. Today, unfortunately, these issues are solved by trial and error, which leads to large socio-economic losses. The author suggests using the method of mathematical modeling using information technology (digital economy) to solve these problems. The optimal variant of the market management process is the condition when demand is equal to supply, i.e. the controlling effect on the market is zero. However, this is an unlikely event, since there is no planning mechanism in the market. Therefore, a large error occurs in the management system of the market mechanism, which leads to a violation of the stability of the system. Particular attention is paid to the development of a mathematical model of the functioning of the market mechanism. The methodological basis of the study was the "black box" method using mathematical modeling of the market mechanism as a system with 100% negative feedback. The application of this method enabled the author to investigate the behavior of the market mechanism for stability. The main scientific results of the study are to obtain transitional characteristics of the market process.
 The study of the stable functioning of the market mechanism was carried out using modeling based on the Mathcad computer mathematics system. In the work, criteria for assessing the stability of the market mechanism under various parameters of the socio-economic environment were obtained. The research was based on the method of mathematical modeling to determine the optimal parameters of the stability of the system. The scientific novelty of the work is to determine the stability of the functioning of the market mechanism. The parameters of effective market management are determined. The most responsive parameters affecting the stability of the functioning of the market mechanism are the frequency and attenuation coefficient of the process.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.