RAS Social ScienceЭкономика и математические методы Economics and the Mathematical Methods

  • ISSN (Print) 0424-7388
  • ISSN (Online) 3034-6177

MACROECONOMIC EQUATIONS IN PRIVATE DERIVATIVES

PII
S042473880000616-6-1
DOI
10.7868/S0000616-6-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue №3
Pages
79-91
Abstract
The systems of partial derivative equations of hyperbolic type for aggregate demand (AD) and aggregate supply (AS) as functions of two independent variables (time and price index) are suggested for macroeconomics. It is shown that two mechanisms have great influence on dynamics of AD and AS curves: kinetics, or the velocity, of equilibrium setting between AS and AS curves and cinematic waves of inflation and deflation. The current values of aggregate demand, aggregate supply and price index can be calculated within the model for both cases of crossing and not crossing AD and AS curves.
Keywords
Date of publication
01.07.2008
Year of publication
2008
Number of purchasers
2
Views
810

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At the Ministry of Education and Science of the Russian Federation

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