Introduction to economic cybernetics : Prepared with the collaboration of Antoni Banasinski on the basis of lectures delivered at the University of Warsaw

Introduction to Economic Cybernetics introduces the reader to economic cybernetics, that is, the application of the principles of the theory of automatic control to the problems of managing the economic processes, and particularly the processes in a socialist economy. Topics covered include the general principles of regulation and control; cybernetic schemata of the theory of reproduction; the theory of stability of regulation systems; and a generalization of the theory of regulation. This book is comprised of five chapters and begins with an overview of economic cybernetics, followed by a discussion on the process of automatic regulation and how it functions, with particular reference to the basic formula of the theory of regulation and cybernetic interpretation of operations on operators. The following chapters focus on cybernetic schemata of the theory of reproduction; the dynamics of regulation processes; and the practical problems in regulation. The final chapter describes a general theory of regulation formalized as a linear differential-difference ""equation of response"", and gives the solution to this equation for both the homogeneous and non-homogeneous versions. This monograph will be a useful resource for practitioners of economics, physics, and mechanics. Content: Front Matter, Page iii Copyright, Page iv Preface to the English Edition, Pages vii-xiii Foreword, Pages xiv-xv INTRODUCTION - Cybernetics and Economics, Pages 1-10 CHAPTER 1 - General Principles of Regulation and Control, Pages 11-48 CHAPTER 2 - Cybernetic Schemata of the Theory of Reproduction, Pages 49-62 CHAPTER 3 - The Dynamics of Regulation Processes, Pages 63-87 CHAPTER 4 - The Theory of Stability of Regulation Systems, Pages 88-108 CHAPTER 5 - A Generalization of the Theory of Regulation, Pages 109-174 Bibliography, Pages 175-177 Index of Names, Pages 179-180 Index of Terms, Pages 181-183