Modern Economics (Dec 2018)
Economics and Statistics: Interdisciplinary Connections
Abstract
Introduction. Economics has numerous interdisciplinary connections with other sciences, some of the most complex relate to statistics. Statistics on together with Mathematics, manifests itself as the essence of economic reality. Purpose. The main purpose of this article is to provide a brief overview of the interdisciplinary relationships that exist between Statistics and Economics. Results. Some aspects related to the interdisciplinary nature of the interaction between Economics and Statistics are investigated in this paper. It was found that the quantitative nature of Statistics is an adequate means of economic phenomena and processes reflection. Collection and systematization of statistical data can help to understand the complexity of economic systems, both at the national and regional levels. The completeness of statistical data is the main characteristic of economic statistics and is related to a specific place and time. The system of statistical indicators needs its modernization, in particular harmonization with the global economic space. Considering a large number of spheres of the national economy, problems of systematic collection and analysis of statistical information in the context of certain industries are important. Particularly important are data detailing, accession of transparency and openness, which also relates to the presentation of statistical data. The collection of economic data can be greatly improved by introducing new technologies. Particular attention is paid to the connection of Economic Statistics with other types of Statistics, as well as the opportunities for the development of Economic Statistics associated with this issues. Social Statistics, Demographic Statistics and some other domains are productive areas of interdisciplinary research. Conclusions. The study of interdisciplinary links between Economics and Statistics is a productive field of research. An analysis of existing relationships can greatly affect the improvement of efficiency associated with the use of statistical methodology in the field of Economics.
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