Development of the Theory and Practical Application of Quality Economics in Modeling the Quality of Life

The growing information saturation of the economy and the emergence of fundamentally new tools for working with information open up broad opportunities for solving the problems of making effective management decisions through research into the future quality of life. The article proposes to use the methodological approach of quality economics, in which the subject of forecasts is the development prospects of an object in relation to quality and in the context of quality, and there is also a proven methodology for assessing the quality of life. As the results of the study showed, there is a shortage of predictive assessments that take into account all the characteristics of quality of life necessary to justify management decisions and implement improvement measures. The integration of currently available forecasting tools into a quality of life assessment methodology developed on the basis of quality economics will expand the scope of forecasting and make the resulting estimates more accessible for use in solving management problems.

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Publication Details

Journal
Studies on Russian Economic Development
Published
2026-02-01
DOI
https://doi.org/10.1134/s1075700725700674
Primary Topic
Economic and Technological Systems Analysis
Type
article
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article

Development of the Theory and Practical Application of Quality Economics in Modeling the Quality of Life

N. L. Gagulina, V. V. Okrepilov
Studies on Russian Economic Development
Economic and Technological Systems Analysis
article

Development of the Theory and Practical Application of Quality Economics in Modeling the Quality of Life

N. L. Gagulina, V. V. Okrepilov
article en

Abstract

The growing information saturation of the economy and the emergence of fundamentally new tools for working with information open up broad opportunities for solving the problems of making effective management decisions through research into the future quality of life. The article proposes to use the methodological approach of quality economics, in which the subject of forecasts is the development prospects of an object in relation to quality and in the context of quality, and there is also a proven methodology for assessing the quality of life. As the results of the study showed, there is a shortage of predictive assessments that take into account all the characteristics of quality of life necessary to justify management decisions and implement improvement measures. The integration of currently available forecasting tools into a quality of life assessment methodology developed on the basis of quality economics will expand the scope of forecasting and make the resulting estimates more accessible for use in solving management problems.

Studies on Russian Economic DevelopmentVol. 37(1)
Institute for Regional Economics (RU)
Openalex Percentile: Top 64%
Economic and Technological Systems Analysis
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