Prıce regulatıon and ımplementatıon of the state's antı- ınflatıon polıcy ınsustaınable development


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Əliyev M.

Müasir dövrün trendləri: “Yaşıl iqtisadiyyat və dayanıqlı inkişaf”. İqtisadiyyat və sosial elmlər sahəsində tədqiqatçıların I beynəlxalq konfransı. Konfrans materialları, vol.6, pp.148-153, 2024 (Conference Book)

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Summary:

In a market economy, the price formation mechanism manifests itself through prices and their dynamics. As is known, price is an economic mechanism that plays a special role in accelerating economic and social development in the country, ensuring the dynamic and complex development of productive forces. In this regard, price is an important economic category that reflects socially necessarycosts associated with the production and sale of products, the performance of work and services, provides an economically justified level of profit, affects the balance between supply and demand, andhas the property of elastic change. Let us consider that price is also an economic mechanism that playsa special role in accelerating economic and social development in the country, ensuring the dynamic and complex development of productive forces. Currently, two different methods of price formation are known, and they are applied purely or in numerous combinations. The first method represents the centralized determination of prices. Here, along with a large part of political and social factors, other actual production and sales costs are also taken into account. The second method is completed by determining the final price based on the ratio between demand and supply that actually occurs in the commodity market, according to its positioning results.

Keywords: price regulation, inflation, anti-inflation policy, sustainable development