SPACE AND TIME IN ECONOMIC MEASUREMENTS
Journal: GISAP: Economics, Jurisprudence and Management (Vol.1, No. 1)Publication Date: 2013-05-01
Authors : Nataliia Malakhova;
Page : 41-44
Keywords : dynamics; static in the economy; constant capital; the system model of the production function; specificity of economic space;
Abstract
Contradictions in the space-time economic definitions are considered in the article. A way to solve such contradictions through new understanding of interconnection of space and time in economic processes is offered. The specificity of measuring space and time in economic processes lies in the fact that various capitals are summed in business practice as resources. For a more accurate assessment we offer using a differential calculus in the mathematical and graphical form of the system model of the production function.
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