Economic and political shocks: classification and effect on macroeconomic conditions

Authors

M. V. Nikitin
Ural Federal University named after the first President of Russia B. N. Yeltsin, Russian Federation
A. A. Kaminov
Ural Federal University named after the first President of Russia B. N. Yeltsin, Russian Federation

Abstract

The macroeconomic environment is vulnerable to various economic and political shocks. The effect of shocks leads to the fact that in a short period, the shock is able not only to cardinally change the activities and expectations of players, but also it might change the volatility of main economic indicators. The article presents the author’s classification of shocks: by spheres of public life, by the type and mechanism of effect, by the degree of market coverage and by the source of the shock.

Keywords

management, marketing, strategic management, positioning, rebranding, brand portfolio

Authors Info

M. V. Nikitin

graduate student of the Department of Economic Theory and Economic Policy at Ural Federal University named after the first President of Russia B. N. Yeltsin

A. A. Kaminov

graduate student of the Department of Environmental Economics at Ural Federal University named after the first President of Russia B. N. Yeltsin

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Article Details

Issue

2019 · No. 2 (54)

Section

Word of Young Scholars

Publication History

Published 2019-06-17

How to Cite

[1]
Nikitin M.V., Kaminov A.A. Economic and political shocks: classification and effect on macroeconomic conditions // Economics: Theory and Practice. 2019. No 2 (54). С. 103–108. URL: https://etip.kubsu.ru/article/view/489

License

Copyright (c) 2025 M. V. Nikitin, A. A. Kaminov

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This work is licensed under a Creative Commons Attribution 4.0 International License.