Macroeconomic instruments in management of social and economic development

The paper presents an integrated evaluation and correlation analysis of the information on macroeconomic indicators most effectively reflecting the level of development. The following indicators are considered as main characteristics of the national economy and key tools in the formation of a strategy of social and economic development: gross domestic product (GDP) growth rate, unemployment rate, inflation rate and net export volume in the ratio of gross domestic product. These indicators provide insight into economic, industrial, foreign trade and other activities in a certain period of time and in the dynamics of development in the Russian market relations. The formation of sizes of the considered indicators is determined by many factors. The urgent need for bridging the technological gap in the production of Russian enterprises from the leading countries of the world, the increasing need for efficient use of attracted investment and innovation form the guidelines on further management of the national economy. The analysis of the potential of accelerated development of the Russian economy based on the principles of modernization is carried out. The author has proposed a model of target indicators which helps to assess the social and economic development applying both traditionally used indicators and indicators of innovative and investment climate. The model allows evaluating mathematically and graphically the dynamics of extensive and intensive economic growth, a downward or an upward trend was inherent in this dynamic. The need for using the proposed set of indicators in the analysis of social and economic development of the Russian Federation is justified. The use of these indicators is extremely important for planning and forecasting of economic growth in the mid-term and long term prospects.