EBEEC 2019 Economies of the Balkan and Eastern European Countries Volume 2019 Conference Paper Tools Used in Modeling of the Economic Processes Marian Pompiliu Cristescu Abstract The paper aims at identifying the economic process modeling languages, starting from the premise that the main beneficiaries of the resulting models are economists or decision-makers, respectively economic researchers. There are a large number of languages that have been developed with different objectives, but they have all been used to describe business processes. Languages have studied different aspects of business processes (dynamic, functional, organizational, informational) and may be more or less formal, depending on the intended use and audience. There is no easy way to classify these languages along a single dimension. However, the languages fall into four groups, clearly defined scientifically or professionally: traditional process modeling languages, object-oriented languages, dynamic process modeling Corresponding Author: languages, and the integration of languages. Economic processes are generally very Marian Pompiliu Cristescu complex and, therefore, different points can be formulated about their modeling.
[email protected] Keywords: Formal language, model, simulation, algorithm, business processes. Received: 17 November 2019 Accepted: 6 January 2019 Published: 12 January 2020 Publishing services provided by Knowledge E Marian Pompiliu 1. Introduction Cristescu. This article is distributed under the terms of Business units are complex organizational forms that involve customers, business units, the Creative Commons Attribution License, which resources, and even systems. They extend over many different processes that interact in permits unrestricted use and a seemingly chaotic way. When trying to change business processes in an organization, redistribution provided that the original author and source are change is confronted and confused with great complexity.