Radjapbay Dusmuratov,
Tashkent State University of Economics, Doctor of Economic Sciences,
Professor of the Department of Financial Analysis and Audit, “Excellence of Higher Education of Uzbekistan”, Email:r.dusmuratov@tsue.uz
Abstract. This article reveals the essence, importance and categories of one of the important knowledge methods of economic research methodology – formal representation and mathematization. In particular, the stages of implementation of formation and conditions of logical formation; classification of mathematization method and steps of mathematization of economic knowledge are recommended. The content of the integrated field of knowledge and the unique method of economic research – econometrics; its characteristics as an economic research method are revealed; methodological features of econometric modeling; the essence of the mathematical experiment as a method of economic research, the advantages and disadvantages of using mathematical methods in economic research are revealed, and recommendations for their use are given.
Key words: economic research, formal expression, mathematization, metric and nonmetric mathematization, economic processes, mathematical modeling, econometrics, econometric model, mathematical experiment.