The Kondratiev cycle as an object of modelling

The mathematical model of Kondratiev cycle is proposed as a union of models of nonequilibrium economic growth and nonuniform techological change. The partial solution of this model (trend) and periodic solutions in the vicinity of this trend (waves) are obtained. The structure of the cycle, asymmetry and asynchroniety of waves are considered together with four typical situations, the wave of social tension and other theoretical peculiarities. The known statistical facts are fitted to the theoretical tools elaborated, the prognosis of the cycle evolution in 1993–2026 is suggested.