2 research outputs found
Economic system dynamics
We provide the reader with a qualitative summary of the main ideas from econophysics and finance theory, starting with a thorough criticism of the standard ideas taught in typical economics textbooks. The emphasis is on the Galilean or physicists' approach to market synamics, as opposed to the standard nonempirical postulatory one.Utility; equilibrium; supply and demand curves; business cycles; market dynamics
Economic system dynamics
We provide here a qualitative summary of the main ideas from
econophysics and finance theory, starting with a thorough
criticism of the standard ideas taught in typical economics
textbooks. The emphasis is on the Galilean or physicists'
approach to market dynamics, as opposed to the standard
nonempirical postulatory one