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This article proposes a new economic modeling theoretical framework known as multidimensional real-time economic modeling (MRTE-Modeling). The model is an important tool that economists and educators can use to demonstrate the multidimensional aspects of economic behavior. MRTE-Modeling...
Persistent link: https://www.econbiz.de/10011659875
This research paper presents four alternative experimental models for monitoring economic failures. These models include the national production function (NP-Function), the multi-level trade creation and trade diversion analytical framework, the mega-economic structures vulnerability analysis...
Persistent link: https://www.econbiz.de/10011480611