Fundamentals of the Application of the Mathematical Model in Economic Cybernetics

(Pages 1249-1255)

Boburshoh Ibragimov1, Saltanat Melisova2, Zaifun Yernazarova3,4, Bokhodir Isroilov5,* and Gulbaira Usmanalieva4
1Department of Taxes and Taxation, Tashkent Institute of Finance, Tashkent, Republic of Uzbekistan.
2Department of Economics and Management, International Academy of Management, Law, Finance and Business, Bishkek, Kyrgyz Republic.
3Department of Reporting and Statistic of State Finance, Ministry of Finance of the Republic of Kazakhstan, Astana, Republic of Kazakhstan.
4Department of Accounting, Analysis and Audit, Kyrgyz-Russian Slavic University named after B.N. Yeltsin, Bishkek, Kyrgyz Republic.
5Department of Financial Analysis and Auditing, Tashkent State University of Economics, Tashkent, Republic of Uzbekistan.


The relevance of the research lies in the fact that the era of technology today is spreading to the very heart of everyday life and, thanks to this, is actively involved in the intersubjective construction of realities, clearly marks the planetary triumph of the cybernetic paradigm. The purpose of the research is to consider aspects of the development of economic cybernetics in the world, as well as mathematical models and their comparative characteristics. The methodological base of the research includes the following approaches to the study of this topic: systemic, formal-model, dynamic. To create an economic cybernetics model, the various concepts of management should be given clear economic meanings, taking into account the characteristics of the macroeconomic system. The macroeconomic system belongs to the category of large systems, which, as a rule, are difficult to decompose accurately. The strong connection of each subsystem often causes difficulties in mathematical processing. Optimal management of macroeconomics is affected by the subjective factors of decision makers, since employees can draw very different conclusions from the same system. The results of the research determined the generations of the development of cybernetics, as well as its economic models, including mathematical ones. The practical significance lies in the analysis of the paradigm and development models of economic cybernetics in the modern world.


Macroeconomics, Automatic Control, Control System, Computer Modelling, Automation.

JEL Codes:

B16; B41.

How to Cite:

Boburshoh Ibragimov, Saltanat Melisova, Zaifun Yernazarova, Bokhodir Isroilov and Gulbaira Usmanalieva. Fundamentals of the Application of the Mathematical Model in Economic Cybernetics. [ref]: vol.20.2022. available at:

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