About Simple Economic Reproduction and Macroeconomic Indicators

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Article.: Tbilisi.- 2013. - P. 30.
Reproduction is infinitely renewable, continuous production process. This means that as a.
result of production its premises, conditions for continuing production are also reproduced.
Without the understanding of this process, cannot be explained the functioning of economy, as.
an integrity, as a living organism. Neoclassical theory considers the production of goods as a.
unidirectional process from consumption of primary resources until production of final.
products. It gives a formal explanation of circular flow for does not explain the reproduction.
process of primary resources. But from a purely economic viewpoint the reproduction is.
completely closed, circular process, in which all primary resources are reproduced through.
consumption of final products, where there are no non-renewable resources. An original model.
of a simple economic reproduction is proposed. The lack of a clear understanding of.
reproduction process caused significant weaknesses of calculation methods of the main.
macroeconomic indicators of the SNA 2008 (GDP, GNI, etc.). Adequate methodological basis.
of their calculation is given.
Enigma of Adam Smith.
Surplus product and surplus resource.
Physical, human, natural and public capital.
Profit, saving, investment and consumption in debt.
The model of economic reproduction.
Conclusion.
References.

Author(s): Leiashvily P.

Language: English
Commentary: 1679900
Tags: Финансово-экономические дисциплины;Экономическая теория