Mathematical model of simple business fluctuations
AbstractPresented here the mathematical model with one commodity that describes the acceleration of commodity production as a linear function of commodity's deficit on market. The solution of derived differential equation gives the required fluctuations of the commodity's production.
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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 9706009.
Length: 8 pages
Date of creation: 25 Jun 1997
Date of revision: 25 Jun 1997
Note: 8 pages, Microsoft Word
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Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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