The mathematical models of dynamics of production in macroeconomics

Authors

  • L. P. Khoroshun

Abstract

A new principle of construction of the theory of production functions in macroeconomics is suggested. It is based on formulation of differential equations of dynamics of production in material form, which takes into account productivity, amortization and accumulation of real capital. The models of production with one and arbitrary number of freedom degree are considered for closed and open economics. Solutions of concrete problems are found. It illustrates the growth, recession, stable and cyclic character of production.

Author Biography

L. P. Khoroshun

Khoroshun L.P.

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Issue

No. 3 (2002)

Section

Mathematical methods, models, problems and technologies for complex systems research

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