Application of the Mathematical Optimization Model in the Various Sectors of the Economy Cover Image

Възможности за прилагане на модела на математическото оптимиране в различните сектори на икономиката
Application of the Mathematical Optimization Model in the Various Sectors of the Economy

Author(s): Julieta MIhaylova
Subject(s): Social Sciences, Education, Higher Education
Published by: Икономически университет - Варна
Keywords: Mathematical Optimization; Economics; Economic Sectors
Summary/Abstract: One of the popular definitions of economics as a science is that it studies human behaviour as a relationship between objectives and scarce resources which have alternative uses. This paper proposes that the suitable formal method for such a research is mathematical optimization. Examples from different sectors of the economy are considered. It may be concluded that mathematical optimization is fundamental to economic theory.

  • Page Range: 161-166
  • Page Count: 6
  • Publication Year: 2024
  • Language: Bulgarian
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