| | PROBLEMS OF MODERN ECONOMICS, N 1 (57), 2016 | | IS THERE AN ECONOMIC CRISIS IN RUSSIA? DISCUSSION | | Egorov A. N. Professor, Chair of Construction Industry, St. Petersburg State Architecture and Construction University, PhD (Economics), Professor Grigorenko M. G. Senior economist, Center of construction expertise (St. Petersburg)
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| The article stresses the importance of the construction sector for the growth of the national economy, shows the transforming impact of the economic crisis upon the investment and construction complex as well as upon the market of real estate. The author uses the AD-AS model to analyze processes taking place at the commodity market in the context of the deep devaluation | Key words: construction sector, growth of economy, commodity market, aggregate demand — aggregate supply model, devaluation | Pages: 22 - 25 |
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