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Complex Economics

Complex Economics

Copyright: © 2022 |Pages: 22
ISBN13: 9781668449356|ISBN10: 1668449358|ISBN13 Softcover: 9781668449363|EISBN13: 9781668449370
DOI: 10.4018/978-1-6684-4935-6.ch006
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MLA

Fred Y. Ye. "Complex Economics." Wealth Expanding Theory Under the Principle of Efficiency-Equity Equilibrium, IGI Global, 2022, pp.133-154. https://doi.org/10.4018/978-1-6684-4935-6.ch006

APA

F. Ye (2022). Complex Economics. IGI Global. https://doi.org/10.4018/978-1-6684-4935-6.ch006

Chicago

Fred Y. Ye. "Complex Economics." In Wealth Expanding Theory Under the Principle of Efficiency-Equity Equilibrium. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-6684-4935-6.ch006

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Abstract

When the real commodity function X and the imaginary money function Y are combined as complex economic function Z = X + iY and both X and Y link with price level P and output quantity Q, a framework of complex economics is set up, characterized by the Cauchy-Riemann equation and the Laplace equation. The economic complex analysis can characterize economic equilibrium and economic stability, providing a mathematical description of ideal economic situation. The author develops economic complex analysis in this chapter.

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