CATEGORIES OF DECISION-MAKING PROBLEM IN THE ECONOMIC POLICY Cover Image

CATEGORIES OF DECISION-MAKING PROBLEM IN THE ECONOMIC POLICY
CATEGORIES OF DECISION-MAKING PROBLEM IN THE ECONOMIC POLICY

Author(s): Revaz Gvelesiani
Subject(s): Economy, Business Economy / Management, Economic policy
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: Economic policy; economic order; decision-making; policy of consistent and gradual reforms; social technique;

Summary/Abstract: In economic policy, the preparation of sound decisions depends on: How well the capabilities of the action and their consequences are secured empirically, i.e. how rational is the existing and acceptable knowledge of management; To what extent the decision-making problem is subject to analytical explanation (based on the logic of the decision). Usually, a practical knowledge of management is the more limited; the less the recommended actions involve or abstain from previous activities (i.e. the far they are from theoretical-economic experience). Analytical access to the decision-0making problem is hampered by the complexity of well-thought-out actions. In the economic policy, the assessment of the status and range of the decision-making problems depends on how implicitly the actions, changes and development aimed at the state of society are perceived.

  • Issue Year: 10/2021
  • Issue No: 2
  • Page Range: 0-0
  • Page Count: 6
  • Language: English
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