The interconnection between industrial development and processes taking place in economy is an ever-lasting issue, irrespective of the share of industrial sector in economy. Identifying factors affecting industrial production dynamics is an acute problem but not a commonplace. The article shows landmarks of Russian economy re-industrialization. The goal is to find parameters of interconnection between industrial development and the development of economy in general. Analysis of statistic information concerning indices of industrialized countries' development demonstrated that long-term acceleration of these countries' development was based on their industrial component speeding-up. The authors proved that there is a unique quantitative index of economy quality and its industrial sector, which characterizes the ability of these macro-systems to the long-term acceleration of their development. The range of quantitative correlation between indices of economy quality and industry quality formed for the big countries-technological leaders of the world is identified. The mentioned approaches to analyzing natural laws of transforming industrial economy can be used for goal-setting in industrial policy and choosing mechanisms for raising efficiency of economic system as a whole (industrial conglomerates, regional industrial complexes, industrial spheres of economy in general) by choosing more effective directions of investment policy.

The article deals with effects of achievements and consequences of the fourth industrial revolution. The author shows history of agrarian and industrial revolutions and demonstrates specific features of the 4^th industrial revolution in comparison with the previous ones, reveals preconditions of its arising and scales of the revolution reforms and discusses its outcomes and consequences affecting all fields of society life. The 4^th industrial revolution drastically changes the world and provides unlimited opportunities for the development of states, companies and individuals. However, consequences of introducing its achievements look dubious: they can cause both a drop in prices on goods and services, a growth in consumption, mobility and information degree of people, a reduction in costs and increase in labour productivity in commercial enterprises and state-owned structures and a cut in personnel demand, falling incomes, social guarantees and deterioration of working conditions, a drop in social programs, rising inequality, withdrawal of capital to off-shore zones, growing credit burden of the population, companies and states and the general decrease in economic growth rate. It leads to the necessity to develop state programs aimed at control over the development of the 4^th industrial revolution, support of innovation enterprises, cut in taxes, reduction in uncertainty in economy and rise in legal support of business, as well as elimination of destructive effects of digitalization in economy and protection of the poorest layer of the population.

The article shows the importance of the consumer basket figure in assessing the living standard of the Russian population and studies the correlation of figures of the living standard and quality of life: consumer basket, subsistence wage and the minimum remuneration. The authors analyzed the content of consumer basket in Russia and European countries and came to the conclusion that the Russian consumer basket is conservative for a long period of time and does not meet requirements of today's life. The structure of the consumer basket value was analyzed by key social and demographic groups of the population. The authors paid special attention to the correlation of the subsistence wage and the minimum remuneration, which is necessary to pursue effective social policy of state. By investigating data of key minimum social guarantees fixed by legislation of the Russian Federation certain gaps were found in scholarships of university students, unemployment benefits, childcare allowances. The importance of consumer basket was studies for raising the living standard of the Russian population and development of national economy. The authors show directions for strengthening social status of this figure as a basis for developing the system of estimating the adequate living standard in the Russian Federation.

The article studies one of the key business processes of the organization, i.e. planning. Planning cannot create added value (a product or service) for the customer, but it allows us to understand what values are required by the customer and to identify and distribute organization resources to meet their rising and changing needs. At the same time planning plays an important organizational role in the organization, as it coordinates the work of its structural bodies in order to attain the goals of the organization itself and its divisions. Planning gives flexibility to the organization in complicate changing conditions of its functioning and helps it to survive. The author points out that the important aspect of the planning process is raising personnel engagement and its motivation to reach organizational and group goals. At the same time planning should promote freedom of structural divisions of the organization. And finally, another important aspect of plan/forecast development is control over their execution.

Today M & A deals are still acute for Russia because of the necessity to search for additional sources of finance on Russian market of capital, raising finance stability and sustainability of Russian economy and finance market. The article studies problems dealing with assessment of finance efficiency of M & A deals, identifies key factors of the efficiency of M & A deals' mechanism in case of public companies-buyers and designed recommendations aimed at raising effectiveness of M & A mechanism on market. Apart from that the authors showed advantages and drawbacks of each method of financing M & A deals and put forward methodology of assessing and the calculation model for estimating finance efficiency of different ways of financing M & A deals and provided recommendations for choosing methods of financing on the basis of multiplayer selection substantiation within the frames of the calculation model designed by the authors. The use of this model was tested by its calculation for two M & A deals made in 2018.

The article studies steps aimed at development of digital economy (DE). The key advantage of DE is wider access of enterprises of all types of industry to digital data as a resource of raising the economic activity efficiency. Transition to DE implies extended use of information technologies (IT) by the enterprise. The way to DE includes successive stages of using IT: automation, informatization and digitalization. Today many Russian enterprises are passing through the 1st stage of using IT. Factors of enterprise success in its transition to DE include accessibility of IT infrastructure, through technologies and digital business-models. By researching stages of using IT, DE factors the author identified the following signs of enterprise's transition to DE: 1) intensifying communication between the enterprise and external environment, which shows a serious extension of the number of entities and frequency of interactions with them; 2) automation of the interaction with external environment, mainly on the basis of digital platforms, which provide an opportunity to establish interaction without individuals' participation; 3) extended use of digital data in economic activity of the enterprise, which gives competitive advantages. The mentioned-above signs, on the one hand, show the enterprise's transition to DE, and on the other hand, make enterprises respond to digitalization challenges. These challenges cause the necessity to search for effective ways of managing a big number of channels and entities of interaction, changing its business-model supporting algorithmic interaction, using programs and calculation capacities to work with big data. Advantages of DE should be accessible for enterprises of all industries but not only IT-industry.

Organization of catering for students, lecturers and employees is an important condition of university education activity and it is carried out by performing social and economic functions on the part of catering enterprises. Economic functions include production, sale and organization of consumption of products and services. They are quite close to social functions dealing with affordability of meals due to low prices, minimum amount of time for customer service and provision of healthy food. The work of catering enterprises aiming at these functions' performing focuses on technology of meals production and organization of customer service and ignores efficiency of functioning and calculation of relevant indicators. The article studies a new approach to managing efficiency of catering enterprises' work as structural divisions of universities. Insufficient understanding of the problem and absence of regulations in the field of catering enterprise management in university can cause high costs of their functioning, use of inefficient and out-dated organization of production and sale of meals and services. The author assesses the current problems of efficiency in catering enterprises' work in universities and substantiates the system of control indicators of enterprises' work, including receipts, a share of raw materials in the receipts, a share of remuneration in the receipts. The possibility to use controlling tools in managing efficiency of catering enterprises' work was grounded.

The article deals with estimation of Russia debt stability policy on regional level. Topicality of the issues is stipulated, on the one hand, by the fact that certain entities of the Russian Federation cannot support their spending liabilities by their own resources and have to use debt financing. On the other hand, budget restrictions of regions cannot be considered strict. The article analyzes ways of estimating debt stability, which are used in today's research and grounds the choice of assessing the function of fiscal response as a key method. By using cluster analysis through k-means method entities of the Russian Federation were divided by the degree of subsidy need and indicators of economic efficiency into three clusters: developed, medium and dependent. For the first two groups with the population of regions sufficient for correct model building the function of primary budget balance in response to debt accumulation is estimated. By results of assessing regressions by the generalized method of moments (two-step Arellano-Bond procedure) favorable primary budget balance was found for the developed group (considerable 10% impact of the accumulated debt), which proves stability of debt policy. As for medium regions considerable impact is not fixed in the model specification. However, if we take into account budget credits in the total amount of debt and transfers - in the budget balance, then debt policy of medium regions is estimated as stable at 5% level. It means that for medium regions stability of their debt is provided by federal support: such regions have a wide access to transfers from the federal center and do not need budget credits. Our hypothesis concerning soft budget restrictions for Russian regions was proved: cut in own earnings of the region affects the growth in inter-budget transfers without taking into account transfers for leveling. Findings of the research show instability of debt policy in many Russian regions and to a certain extent, models' ability to provide quantitative estimation of fiscal response and to identify problematic regions requiring individual recommendations.

The article shows key ways of resolving the problem facing the system of higher education in Russia, i.e. raising competitiveness in global education space. It analyzes the promotion of Russian universities in leading international ratings, special attention is paid to participation of universities that are not included in the Project 5-100, for instance the Russian Plekhanov University of Economics, to the necessity of extending the number of participants, their rotation and toughening requirements to project participants. The authors study problems facing universities in international promotion: the need to change the approach to students' teaching on the basis of advanced technologies, the development of personnel potential at the expense of training young academic and pedagogical staff, their retaining and attraction of foreign scientists and lecturers, talented overseas students, development of university science, raising the quality and demand for findings of Russian universities' research, increasing publication activity of academic and pedagogical staff and improving the quality of their publications. The authors show that in order to resolve these and many other problems participation of production and business companies is essential and they also characterize the most effective ways of interaction between business and universities.

The development of the machine-building complex is essential in the process of Russian economy functioning. An important aspect of the machine-building enterprise functioning being a key element of the complex is sustainable development. The necessary component to support the development is financial potential. The article studies issues of providing finance potential of Russian machine-building enterprises. The authors analyzed their finance standing and investment climate. They showed the position of Russia in the international rating by the level of competitiveness, which depends on the innovation status, the development of business and finance market. It was grounded that in order to decrease finance risks and to raise competitiveness of machine-building enterprises it could be necessary to use an effective mechanism of optimization of line of risk factors impact on the system of managing the finance potential, which must have a simple and transparent structure eliminating extra links, overlapping of functions and watering responsibility for fulfilling fixed tasks. Policy of import-substitution depends directly on machine-building, which is a driving industry of the industrial revolution and a core of the highly-technological sector of Russian economy.

The article provides results of the education and scientific center 'Management' work (OSCM), a new form of managing the profile chairs and interaction with faculties. The choice of this organizational form in the Russian Plekhanov University of Economics was correct, which is proved by May 2018 Decrees of the President of the Russian Federation. Shaping the leading positions of the university in training students for specialization 'Management' is ensured by integration and coordination of joint efforts of the OSCM managerial team, lecturers and employees of chairs, academic schools, research institutions and other structural divisions. Dynamics of the OSCM organizational structure shown by the authors is stipulated by focusing on resolving yearly program objectives of university development. Founding key chairs and research labs provides an opportunity to integrate the teaching process with the real practice of management, which is confirmed by international and professional-public accreditation of education programs. There are 20 key professional education programs of training bachelors and masters of management, 6 of them were accredited by the European Council on Business Education and 13 have professional- public accreditation. The demand for training programs for specialization 'Management' is provided by the whole set of measures, including system career advising of Moscow school leavers, partnership with the Regional Center of career advising and employment based in the Zemskiy gymnasia in Balashikha, the use of advanced education technologies and two-language programs, etc. The academic novelty of the article is connected with its critical comprehension of challenges and prospects of shaping leading positions in training students for specialization 'Management' on the basis of OSCM work analysis, studying the impact of current reforms on the university functioning. The authors put forward a number of recommendations dealing with the goal of attaining leading positions in training students for specialization 'Management'.

The article discusses key aspects of establishing the information-analytical base for estimating the value of industrial enterprises. The base must comply with certain factors showing completeness and reliability of existing data, which could meet the necessity to estimate the value of industrial enterprises. Key criteria of quality were considered and certain types of information were characterized that could guarantee the maximum truthfulness of finding the value of industrial enterprises. Different views of economists on the content of the information-analytical base for estimating the value of industrial enterprises had a wide response. The authors pointed out that a uniform approach is needed, which could release information of distortions and include criteria indicators showing completeness and reliability of the data. It was shown that any estimation of value, in case it is not done for enterprise selling, must be shaped with regard to strategic management oriented to its value growth. For this end it is necessary to develop a system of quantitative and qualitative indicators for each enterprise, which could characterized its value with regards to its specific features.

As part of the accumulation of experience "outside the class" basis on PRUE together with the State Research and Design Institute for Urban Planning of the City of Moscow (SRDIUP), bachelors are involved in real projects in Moscow to gain professionals competencies in academic programs. The "SRDIUP" project (September - November 2018) which will be discussed is a solution to the problem of estimating the value of real estate according to the criteria for removal from speed public transport stations and landscaped areas with using statistical methods. Field research, collection and filtering of large amounts of information from the use of modern open data processing capabilities (Google tables, Google drive, MS Excel) is a large project, which was simultaneously worked on by 62 students of the 2nd year. The project results were adopted, approved and used by SRDIUP to update the existing methodology for assessing the economic efficiency of integrated development activities. This joint experience vividly represents a mutually beneficial cooperation between the University and the city planning department of the city of Moscow.

The article provides a new approach to tourist segmentation in respect of regional policy designing. Investigation was approved on the data of selected survey of Sevastopol' guests in the period January - May 2018. The authors identified two segments - tourists and sightseers and two sub-segments - repetition of visits and accommodation. Within the frames of each segment social-demographic, economic, space and time and cultural-leisure characteristics were studied. Daily expenses of the tourist on the territory of Sevastopol' in the low season make 2,533 r., while of the sightseer - 1,741 r. 45% of tourists who arrive in the city for the first time stay in hotels, while 53% of repeated tourists stay with relatives or friends. 54% of sightseers, who arrive in the city for the first time visit 2-3 places during one day, the same program is typical of 44% of tourists staying in hotels during 3.5 days. As a result of the research opportunities to design tools of regional development were obtained. Segmentation gives a chance to identify separate contribution of tourists and sightseers to economy of the region, to find reasons for low repetition of visits or on the contrary, insufficient number of tourists and sightseers, to study motivation of the tourist concerning the place of accommodation, to assess sufficiency of cultural and leisure events.

Today consumer market in Russia is going through a stage of stabilization. A long period of the buying capacity declining is over. In some regions consumption of different products rises and a current market situation on food market is acceptable for the population, who managed to adapt to new market realities connected with import substitution. The maximum growth in buying capacity is shown by the West-European part of Russia, for instance Moscow, a capital of Russia and the richest city in our country. In Moscow we can observe the highest average wage in Russia and all groups of population are presented here. Representation offices of the biggest distributors, multinational companies and manufacturers focus on selling their products on Moscow consumer market, i.e. to people with the highest buying capacity. The authors researched customer demand, using chocolate market in Moscow as an example and showed which chocolate is preferred by Moscow dwellers. By finding trends of customer demand prospects of chocolate market development both in the capital and Russia in general were analyzed.

Functioning of today's trade organization of wholesale and retail sectors has changed seriously. External trends are connected with the development of information technologies that envisages the necessity to use different innovation tools in business entities' work. The requirements to normative and legal base regulating the relations between participants of circulation sphere take into account the market dynamics and technology development and instruct trade enterprises to use in certain cases information systems and advanced digital means to conduct some operations in delivering goods to the customer. At the same time the introduction of digital products in practical work can promote rising of economic and social efficiency of trade enterprises, optimization of business-processes in industry organization and quality modification of trade services. The authors show that realization of all participants' interests in the chain 'trade organization - end-user' is possible in case of translation and introduction in business practice of trade structures innovations based on digital solutions.

The goal of the present research is to assess the quality of rolling stock used by transport operators and to prepare a set of recommendations dealing with its revision. The rolling stock refers to the so-called technical quality of the service. It is the technical quality which is a key product offered to the customer. The authors give a brief review of Kano methodology and put forward the authors' adaptation of the methodology and classification of rolling stock attributes and their impact on passengers' satisfaction. Findings of the field research dealing with perception of the rolling stock quality in the Moscow underground are provided. The key result is classification of rolling stock attributes using Kano methodology and finding their importance for passengers. The article also formulates recommendations on arranging new rolling stock of the Moscow underground, including five strategies of introduction with regard to attributes' importance.

The article discusses the differentiation of incomes of the population as a threat to economic security and determines the possibility of using anti-monopoly regulation tools to reduce household monetary expenditures in order to level income inequality. The study analyzes the level of income inequality in the world and in Russia. On the basis of statistical data, a new indicator is being introduced for assessing the state of the economic security of the Russian Federation - the rate of return on households and a trend is being calculated for it. According to the results of the study of the transformation of antitrust regulation during the adoption of the third and fourth "antimonopoly packages", it was revealed that in order to open up the development of entrepreneurship in the country, the state had to sacrifice some of their legitimate interests and the interests of citizens. However, the implementation of a set of measures aimed at liberalizing the regulation of the protection of competition did not lead to a decrease in income differentiation and a significant increase in consumer savings, which is confirmed by the dynamics of the coefficient of funds and the rate of return on households. In order for these ratios to have a positive trend, consideration should be given to reducing the cash costs of households. In this regard, the author has developed a number of measures to improve anti-monopoly regulation.

The article studies the most widely used tools of banking supervision, such as macro-economic control, distributive and structural control, finance sanitation. Among regulation tools of central banks a special role is attributed to normative and legal acts, methodological and preventive tools. The authors propose to divide all tools of banking supervision into two big categories: control and supervision (key ones) and tools of regulation (extra ones). One of the most important analytical tools meant to provide estimation of potential losses of credit organizations in case of economic recessions is macro-prudential stress-testing. It was grounded that tools of banking supervision and regulation cannot always allow us to reach a goal set by central banks of post-soviet countries, i.e. to lower the inflation rate. Cut in Inflation rate should not be the main goal of regulators. During the transition period in economy central banks should resolve wider range of tasks and use tools of banking supervision and regulation.