Sajlau Bajzakovich Bajzakov, Doctor of Economic Science, professor, academician of the International Academy of ecological safety and nature management, scientific supervisor of the Institute of economic research (the Republic of Kazakhstan, Astana)
Abstract
The article analyses the issues of goods’ and services’ prices in real sector. The problem of development of concept cost of national currency in financial sector is discussed. It is suggested to take a total factorial labour productivity and capital, as a measuring unit of purchasing power of money. And economic productivity of labour is recommended as a criterion for management of general equilibrium of the output levels, employment, income and economic performance. Such an economic productivity of labour is defined as the ratio of total factor labour productivity and capital to the salary of one employee in the economy per unit of labor time. In this case, one hour of productivity of employed people engaged in the economy, armed with a certain amount of equity capital will become the national income currency.
KEY WORDS: investments, innovations, economic growth, currency-financial system, measurement problem.
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