Economics and Management

At the present stage being just “an economist” makes it rather difficult to find a good job. The country needs economists, who set a direction to all the employees who have proper priorities and goals in order to get the maximum profit with minimal losses.
In the economy of our country, labor productivity is much lower than in other developed countries. Why do we have such a result? Obviously, it comes from the lack of knowledge of entrepreneurs, managers and economists from the inability to create an effective business strategy. When a businessman does not clearly understand the structure, from which he develops profitability, and how, for example, the marginal pricing can increase the profitability of this, it slows down not only his business, but also the process of growth of the economy as a whole.

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