Economic Cybernetics, Business Economics and Information Systems

Economic cybernetics is an area of economic thought that continues to develop independently, combining the development of knowledge about economics and management in combination with the development of economic and mathematical research methods and information and communication technologies.

The current conditions of the domestic economy are characterized by the emergence of a large number of new and diverse management tasks that require the full potential of science and the latest developments in management theory to be used to solve them. The management of Ukrainian enterprises is coming to realize that effective problem solving is impossible without the involvement of specialists who have modern approaches and tools, and they are increasingly turning to various organizations offering various types of consulting services.

The experience of the most economically developed countries shows that higher education institutions should lead the way in solving the problems of the real sector of the economy, as they have a sufficient supply of new ideas, a high level of scientific potential and act as suppliers of young, highly qualified specialists to enterprises.

This is the task assigned to future specialists in economic cybernetics. Economic cybernetics is an area of economic thought that continues to develop independently, combining the development of knowledge about the economy in combination with the development of economic and mathematical research methods and information and communication technologies.

The complexity of the processes and phenomena that characterize the modern economy requires further development and application of economic cybernetics as a comprehensive specific science of the functioning and structural organization of economic systems as management systems, their analysis, synthesis and optimization. It is no coincidence that experts say that a market economy is, first and foremost, a diverse model economy. Without preliminary economic and mathematical modeling of the production cycle, from the selection of raw material suppliers to the sale of final products, it is impossible to operate at least with minimal profitability.

Using the methods of mathematical, economic and computer sciences, economic cybernetics studies any economic object as an integral system, while creating its own tools to support decision-making by all participants in economic activity.

Methodological training of economists-cyberneticists in the field of modeling allows them to obtain high qualifications in the fields of economics and organizational management. They have modern mathematical methods for analyzing and forecasting economic situations using the latest information technologies and are able to organize work on computerization of economic objects.

The ability of specialists in the field of economic cybernetics to effectively implement their professional knowledge of economics with the help of modern information technologies makes it possible to speak of them as highly qualified specialists in any areas of the management systems of enterprises and organizations, so the need for them for modern enterprises is constantly growing.

Thus, Economic Cybernetics is one of the most relevant and prestigious areas of higher education today. Those school graduates who want to professionally master modern methods of modeling and optimization of complex economic processes, information and computer software, including Internet technologies, and who want to become specialists in demand in developed countries have a great chance to get bachelor’s, specialist’s and master’s degrees in economic cybernetics at Poltava University of Economics and Trade, Department of Economic Cybernetics.