Analysis of the Possibilities of Calculating Energy Needs Using Methods of Economic Theory
(Pages 1125-1133)Matanat Ismayil-zada*
Department of Engineering and Applied Sciences, Azerbaijan State University of Economics, Baku, Republic of Azerbaijan
DOI: https://doi.org/10.55365/1923.x2022.20.126
Abstract:
The production and consumption of energy have a significant impact on the economic performance, since initially the energy sources have been used for energy purposes. In this regard, the relevance of this work is due to consideration of the impact of energy indicators on the economic ones. The purpose of the research work is to analyze the processes of commodity dynamics from the point of view of physical environment, considering electromagnetic interactions. The analysis, generalization, as well as method of relative monetary permeability became the methodological basis of the study. According to the result of the study of these comparisons, a new concept and term has been introduced – relative monetary permeability, which is an indicator of the level of economies in different countries of the world. A new concept is also defined – “absolute monetary permeability”, which is an invariant of the economy of any country. With the help of method of relative monetary permeability for economic energies, the physical value of money is revealed, it is determined the bipolarity of a banknote and complete identity by the nature of actions with permanent magnets. A new concept is defined – "currency monetary susceptibility", revealing the physical essence of international movement of capital. The mediation between energy and economic performance was also assessed.
Keywords:
induction tension, relative monetary permeability, absolute monetary permeability, residual monetary induction, bipolarity of money, currency susceptibility.
JEL Codes:
A1, N7, P18.
How to Cite:
Matanat Ismayil-zada. Analysis of the Possibilities of Calculating Energy Needs Using Methods of Economic Theory. [ref]: vol.20.2022. available at: https://refpress.org/ref-vol20-a126/
Licensee REF Press This is an open access article licensed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.