Simulation of a plane wave in economic development
Abstract
Purpose: the author explores and analyzes the conditions under which the plane wave arises in the renewable factors of production. Discussion: Vector anal-ysis is the basic tool for studying the behavior of production factors. The authors applied the descriptive and scientific abstract method, and system analysis on re-ceipt of results. Results: the author obtained the differential equation describing economic cycles arising from the development of renewable production factors. The production factors development depends on their size found. Scientific novelty of the work is to obtain the conditions of cyclicity, encountered in the development of the factors of production. The practical significance of the work is identifying the state funding level and finding the proportions for different renewable factors of production financing.