Mathematical methods and models in economic planning, management and budgeting (second edition) - a book review

Abstract

The book “Mathematical Methods and Models in Economic Planning, Management and Budgeting (Second Edition)” 9783662451427 (online) 9783662451410 (print), DOI: 10.1007/978-3-662-45142-7 is object of reviewing in this work. The author, Mutanov, Galimkair claims that the book: -Presents economic research results based on innovative mathematical models and methods, - For a deeper understanding these models are accompanied by computing experiments on the presented topics, -Gives new insights into the development of economic processes and systems. It is composed of nine chapters: 1. Mathematical Methods of Budget Modeling 2. Methods and Mathematical Models of Budget Management 3. Energy-Entropic Methods in Assessment and Control of Economic Systems 4. Currency Trading Methods and Mathematical Models 5. Methods and Mathematical Models of Innovation Project Appraisal 6. Mathematical Methods for Making Investment Decisions 7. Multi-Objective Stochastic Models for Making Decisions on Resource Allocation 8. Mathematical Methods and Models for Monitoring of Government Programs 9. Methodology for Identification of Competitive Industrial Clusters.