DOI: https://doi.org/10.36719/2789-6919/50/77-80
Farhad Atakishiyev
Institute of Oriental Studies named after Academician Ziya Bunyadov
PhD Student
https://orcid.org/0009-0006-2952-0386
atakishiyevfarhad@gmail.com
Economic Analysis Models: Structural Analysis
Abstract
This study examines the theoretical and methodological foundations of structural changes and structural shifts in the economy, emphasizing their dynamic and multidimensional character. It highlights that these concepts are often used interchangeably, though structural shifts typically precede structural changes and are linked to crises within economic systems. The research also explores cognitive and behavioural dimensions, showing how perception, decision-making, and organizational adaptation influence economic transformation. Furthermore, the study applies the Weber–Fechner law to determine the perceptibility threshold of structural shifts, integrating psychophysiological aspects into economic analysis. The findings suggest that structural shifts represent not only quantitative transformations but also qualitative and cognitive transitions shaping economic development.
Keywords: structural change, structural shift, economic structure, cognitive transformation, behavioural shift, Weber–Fechner law, sustainable development