Uncertainty Bands: A Guide to Predicting and Regulating Economic Processes

Uncertainty Bands: A Guide to Predicting and Regulating Economic Processes
Ashot Tavadyan
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NZ$ 29.99
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NZ$ 23.99
Paperback
h229 x 153mm - 250pg
1 Feb 2022 UK
International import eta 7-19 days
9781839983986
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With the increasing role of economic uncertainty, improving the efficiency of forecasts is ever so important. This book makes suggestions on how to evaluate the key economic indicators under uncertainty. It presents the interval method to study economic indicators, which will allow us to understand the possibilities of forecasting and the irregular nature of the economy. It is shown that with the accumulation of negative phenomena in a seemingly stable situation the effect of a compressed spring may snap into action. The book outlines the uncertainty relations in the economy, the minimal uncertainty interval, the effect of an expanding uncertainty band, sensitivity thresholds, as well as the principles of systematization and forecasting of economic indicators. The book presents ways to facilitate economic development, assess the quality of a forecast, and increase the efficiency of forecasts and decision-making in conditions of uncertainty.
Dr. Ashot Tavadyan is member of the Russian Academy of Natural Sciences, member of the International Information Academy of Canada, First Chairman of the Control Chamber of Armenia, Head of Center for Economic Research, Editor-in-Chief of Armenian Economic Journal, NAS RA, Chairman of Mathematical Methods in Economics, Armenian State University of Economics. His main subject matter is assessing and regulating economic indicators in the face of change. The author has a long running experience both in quantitative economics and political decision-making. This experience helped him to distil the ideas presented in the book for a wide readership.
Status: Active
ISBN-13: 9781839983986
Published: 1 Feb 2022
Published In: United Kingdom
Imprint: Anthem Press
Publisher: Anthem Press
Format: Paperback
Height: 229mm
Width: 153mm
Spine: 26mm
Weight: 454g
Pages: 250

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