Monograph "ECONOMETRIC MODELING OF MANAGERIAL DECISIONS AT THE MACRO AND MICRO LEVELS" has been published!


Dear readers and authors! On November 05, 2021, a new monograph "ECONOMETRIC MODELING OF MANAGERIAL DECISIONS AT THE MACRO AND MICRO LEVELS" was published by the publishing house PC TECHNOLOGY CENTER. The monograph was published under the editorship of Doctors of Economic Sciences N. Ivanova and T. Kozhukhova; it is devoted to the application of the econometric approach to management decision-making in times of crisis at the micro- and macrolevels.

The theoretical and practical aspects of the application of the econometric approach to making managerial decisions in a crisis at the micro and macro levels are highlighted. Theoretical aspects determine the basic categories of the research problem: managerial decision, stages of managerial decision-making to determine the feasibility of using econometric methods, crisis and crisis phe­nomena, econometric approach. The specifics of making managerial decisions in a crisis at the micro and macro levels have been determined; the characteristic features, areas of problem solving and methods for solving managerial problems are considered, depending on the level of their formal­ization. Practical aspects highlight the rationale for the use of econometric methods at the stage of problem identification: identification of crisis phenomena in the relevant areas; a quantitative analysis of the crisis made it possible to identify and determine the imbalances. The advantages and disadvantages of the econometric approach to managerial decision-making are determined; general econometric methods of substantiating managerial decisions and their consequences are described. The features and advantages of Data-driven decision-making over Highest Paid Person's Opinion are determined; the types of information and analytical support of managerial decisions and the methods used for its formation are determined. The author's understanding of the concepts «econometric approach to managerial decision making», «information and analytical support of managerial decisions» is proposed.

The theoretical and scientific-applied provisions presented in the monograph will be useful for researchers, teachers, graduate students, applicants for higher education, and is intended for decision-makers in companies, non-profit organizations and government. The practical significance of those obtained in the monograph lies in the fact that the proposed scientific and practical recommendations and conclusions can be used to form and implement decision-making models for solving such problems.

The publication can be found by following the link ECONOMETRIC MODELING OF MANAGERIAL DECISIONS AT THE MACRO AND MICRO LEVELS.

The edition has already been transferred to the Scopus production team, which has started processing it. The waiting time is 3 to 6 months, after which the monograph should be available to readers in Scopus.

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