The attainment in the USSR of a higher social labor productivity and the highest living standard, as compared with any capitalist country, requires that the country's scientists, particularly its economists, solve important and complicated problems.

A great deal has been said and written in recent years about the use of mathematics in economic calculations. Unfortunately, very little has been done in this respect. The fact is that electronic computers cannot be used effectively in planning unless economically substantiated problems have...

The main trends in the evaluation of project decisions may be classified into the following groups: a system of indices; minimum capital investment, production cost and cost; maximum labor productivity; methods based on the ratio of national income, production cost and profit to capital investment.

The target figures of the economic development plan of the USSR for 1959-1965 approved by the 21st CPSU Congress provide for rapid rates of growth of the iron and steel industry. The creation of the material and technical base of Communism demands a further substantial increase in the production...

In no other sphere of social life do deviations from optimal solutions entail such losses as do inaccuracies or mistakes in the field of economics and planning. Yet we now have the requisites for drawing up optimal plans that will correspond to the level of our knowledge of geology, technology,...