State regulation of market equilibrium in the economy
https://doi.org/10.28995/2782-2222-2024-3-140-152
Abstract
The article studies the main methods of state influence on the establishment of market equilibrium in the country’s economy: taxes, subsidies, price ceiling, antimonopoly regulation and others. It considers the advantages and disadvantages of state intervention in the market mechanism and identifies the reasons for state influence to improve the economy in the long term.
The relevance of the study is to look into the necessity for government regulation of the economy in order to stabilize competitive markets, regulate trade transactions, and maintain the economic and social well-being of the country’s population. The market (private business) and the state are the key institutions of society. Failure of any of them to meet expectations will lead to certain difficulties.
The methodological basis for the research is studying the principles of the mixed, market, command economy, Keynesian theory, neoclassical theory. The result of the study is the need for interaction between the two institutions: the market and the state, since business structures are not able to solve large-scale tasks of economic development, and the state should take the initiative and intervene where necessary.
About the Author
M. V. Uryadnikova
Kazan Cooperative Institute (branch) of the Russian University of Cooperation
Russian Federation
Russian Federation
Marina V. Uryadnikova, Cand. of Sci. (Economics)
bld. 58, N. Ershova Street, Kazan, Republic of Tatarstan, 420081
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Review
For citations:
Uryadnikova M.V. State regulation of market equilibrium in the economy. Science and art of management. 2024;(3):140-152. (In Russ.) https://doi.org/10.28995/2782-2222-2024-3-140-152
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