SIMULATION MODELING IN ECONOMIC OPTIMIZATION
( Pp. 10-14)

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Imakaeva Dariya A. PhD student of the Mathematical modeling in cosmic systems Chair
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Abstract:
The present article reveals the possibilities of applying simulation modeling in the economic systems analysis. This type of modelling aims at establishing the features and characteristics of different objects, as well as the practical use of the findings obtained in solving applied tasks. The simulation modeling received an important impetus to its further development in the last decades due to computer science progress. The simulation modeling represents a description of behaviour dynamics of the system explored. The main feature of simulation modeling is the fact that every execution of the machine gives information that is valid only under certain entry parameters given before the execution. In other words, the results of the simulation process execution will depend on the specific values of a series of parameters. Тask. The main task of this study was exploring the use of simulation models in economic processes. The results obtained during the imitation studies are able to provide data that will help to make the right decision under different scenarios of the situation development. At the same time, simulation modeling has a number of shortcomings, among which the difficulty of perception due to mathematical complexity, the difficulty of development and some inaccuracy of the results obtained. Model. In economic analysis it is important to establish cause-effect relationships, as well as the characteristics of the mutual influence of the parameters on each other. The type of simulation modeling such as «system dynamics» allows us to establish the nature and essence of the processes occurring in the system explored. Conclusions. This method of analysis is widely used in various sectors of the economy, including the management of human resources of enterprises. For example, it allows to predict the dynamics of changes in labor productivity or to assess the future need for qualified specialists.
How to Cite:
Imakaeva D.A., (2017), SIMULATION MODELING IN ECONOMIC OPTIMIZATION. Economic Problems and Legal Practice, 4: 10-14.
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Keywords:
simulation, covariance, correlation, verification of the model, validation, determination of the degree of adequacy of.