Sunday, July 16, 2017
Video: Introduction to "Analytic Economics"
Video: Introduction to "Analytic Economics" https://youtu.be/iNvafqLHE3Y
This video gives a short introduction to "Analytic Economics", a book authored by Gang Liu.
Based on a novel economics model, the book gives supply and demand as mathematics formula of prices. The general supply-demand equilibrium can be solved numerically. It also gives mathematics models for Supply-Demand-Trade equilibrium, International Trades, Tariffs, Exchange Rates, etc. All these problems can be listed as analytic formula and can be solved numerically.
Title: Analytic Economics
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July 16th, 2017