Problems of the Choice of Economic Measuring Instruments

Abstract

In article problems of ambiguity of the choice of the key economic indicators characterizing efficiency of functioning of social and economic systems are considered. Ambiguity problems in comparison of a financial condition of the enterprises because of differences in accounting policies and professional judgments of accountants are considered. It is specified problems of application of estimates at fair value because of ambiguity of its objective calculation that can lead to deterioration of accounting reports. The restrictions of applicability of difficult economic-mathematical models connected with ambiguity of formation of their information base are shown. It is specified importance of differences in dynamics of economic growth of the countries at their assessment on the basis of indicators of gross domestic product and the general indicator of progress. Proceeding from World3 model conclusions, dangers of stimulation of consumption as factor of economic growth are shown.

Keywords

• economic measuring instruments
• economic added value
• profit
• fair value
• gross domestic product
• general indicator of progress
• world3 model