G. S. Klychyova, V. P. Kuznetsov, D. N. Lapayev, O. N. Lapayeva, F. N. Avchadiev, Multi-Criteria Decision Making in Economy and Preferred Alternatives Selection, International Business Management, Volume 10,Issue 21, 2016, Pages 5121-5124, ISSN 1993-5250, ibm.2016.5121.5124, (https://makhillpublications.co/view-article.php?doi=ibm.2016.5121.5124) Abstract: The study considers methodological aspects and tools of decision-making in the economy by the aggregated indicators. It has outlined the main problems which occur by the implementation of multi-criteria optimization. The authorial methods of the effective plurality formation and the preferred alternatives definition have been formulated. Keywords: Multi-criteria optimization;decision-making; effective set;the preferred alternative;the party concerned;economic forecasting;public management;corporate governance