Efficient use of resources in the field of energy efficiency through the principles of the circular economy

Department of Economics, Polotsk State University,Vitebsk Region, Novopolotsk, Belarus

Abstract

The purpose of this study is to define indicators areas of efficient use of resources in a circular economy, aimed at solving energy and environmental problems, as well as to develop theoretical and practical recommendations for their formation. This study defines the conceptual foundations of the circular economy, defines the methodological approach to energy efficiency in terms of alternative energy sources, and develops a theoretical and practical approach to balancing employment in the labour market in a circular economy. As a result of the conducted research using the principles of the circular economy, the category of efficient use of resources in the field of energy efficiency is defined. The scientific novelty lies in the use of a systematic approach to the study of economic phenomena, which revealed the consideration of the interconnection of all elements, as well as the study of individual economic objects as structural parts. The role of each part in the general functioning of the circular economy and its impact on individual elements are defined. The methodology of the study is revealed using methods of comparison, the concept of systems, and statistical approaches.