THE ANALYSIS OF ECONOMIC GROWTH DYNAMICS IN MONGOLIA

The economic growth is shown as increase in potential GDP owing to which there is a social and economic development of the country, thereby the social standard of living increases. This article analyzes the dynamics of Mongolia's economic growth for 1980-2017. The authors used the methods of logical research, analysis, synthesis on the basis of the system-information approach and conducted regression analysis and forecast Mongolia's GDP until 2022.