Functions of Management of Macroeconomic Systems

Currently there is no clarity in the composition and content of management functions, in particular functions of managing macroeconomic systems, despite the fact that the functions of management are recognized as key elements of management. The aim of the study is the formation of the authors’ concept of management functions and its application to management of macroeconomic systems. Objectives of the study: (1) identifying approaches to the development of the concept of management functions and identifying promising approach, (2) an analysis of the interpretations of control functions and justification of its most appropriate interpretation, (3) the formation of multi-row concept of management functions, (4) development of proposals on improvement of the functional structure of management of macroeconomic systems. The study was based on a comprehensive, systems approach to management functions. The study found that the management function is an element of the management characterizing the completeness of the research activities itself, that management functions are allocated in the form of several rows, corresponding to different signs of their allocation, and developed an appropriate concept of management functions. On its basis, recommendations were made to improve the functional structure of state economic management in the Russian Federation on the grounds of stage of management process, relationship of time to correct deficiencies to the time of their occurrence, element of the environment of the managed object and depth of management.