Abstract
Abstract In this paper we describe the process of creating software for R.Barro economic model. The goal of the paper is the analysis of existing languages and platforms and selections of them as means for developing advanced software for modeling economic processes, and also the construction of algorithms and programs using traditional and modern methods of software development. Prototyping was selected as an approach for the development, it allows us to obtain in a short time the product, which is available for testing and further improvement in order to meet the requirements. The paper describes the version of the program that meets the recommended requirements, shows the schematic diagram of this program and describes its main functions.