The role of elements of the Economics of Quality in mathematical modelling of socio-economic processes

Abstract

Nowadays, when making managerial decisions, specialists are faced with the need to process ever-increasing volumes of information in an increasingly shorter time. The need for the development of a methodology for social forecasting on the basis of detailed development models is growing. Since the basis of the activity of the socio-economic system of any level is an anthropogenic factor, this increases the degree of probability of the implementation of various scenarios. To develop more accurate forecasts, it is necessary to use the tools of the economics of quality standardization, metrology, quality management. Standardization determines the ability to normalize and assess sustainability indicators of development, as well as management methods. Metrology provides uniform methods for measuring these indicators. Based on the received information, quality management systems allow making reliable managerial decisions. The use of tools of the economics of quality is possible at almost all stages of socio-economic modelling. The role of elements of the economics of quality, in particular standardization, is especially growing in the development of the digital economy and “smart cities”, where a complete unification of the formats for accumulating and transmitting information to all users is required.

Global Challenges of the Modern Paradigm of Economic Development

“…The economic development paradigm change presupposes the initial condition change for existence of socio-ecological-economic system, which will radically affect the subsequent evolution of the system and the entire organizational structure of society. In this case, it seems appropriate, in our opinion, to use the quality economics methodology, which is distinguished by interdisciplinary and comprehensive scientific approach [18,19].…”