Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 3
Written by Boris COREȚCHI
This article introduces a complex mathematical, economic model for analyzing rural economic development and guiding strategic decisions. Using specific data, it calculates global production, determines direct expense coefficients, and conducts a sensitivity analysis. Parameter adjustments are vital for aligning results with economic reality. The model provides insights for formulating economic policies, emphasizing the need for continuous adjustments amid economic changes. The article aims to analyze two branches of the rural economy through a detailed mathematical model, offering perspectives on economic interactions, optimal resource allocation, and facilitating strategic decision-making. Evaluating the model's results underscores the importance of parameter adjustments for conformity with economic reality, providing a useful framework for economic policies and strategies. In terms of originality, the article highlights the model's essential contribution to economic planning, resource optimization, and risk anticipation. It emphasizes the utility of transparently communicating economic policies for sustainable development. In conclusion, the importance of a complex mathematical and economic model for evaluating and making strategic decisions in rural economy branches. Continuous parameter adjustments are crucial, providing a valuable framework for economic planning and supporting sustainable development.