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The article deals a number of issues regarding the use of mathematics in economics. The end of construction entails a different approach. Good organization of its with bright windows on each floor, gives confidence and calls the frightened yesterday, to come and admire both crystal mirrors...
Persistent link: https://www.econbiz.de/10011145095
The consumption efficiency or production respectively, is of particular importance in the view of Pareto efficiency. The classical analysis for two goods or two factors of production, is based on the Edgeworth’s box that allows determining the optimal quantity, and price equilibrium. The...
Persistent link: https://www.econbiz.de/10010614580
The analysis takes into account the issue of production of n consumer goods whose destination is either the mass of workers who have contributed to them or third parties such as social categories, the directly unproductive or abroad. In the analysis, we considered, for simplicity, utility and...
Persistent link: https://www.econbiz.de/10010614599
The model presented in this article is an adaptation of the IS-LM model for an open economy in which both the static aspects and dynamic ones are approached. Also, based on the model built, it is determined the level of potential GDP and the natural unemployment rate. The determination of...
Persistent link: https://www.econbiz.de/10010659095
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