Simulation of production and market processes in the two-sector macroeconomics at extended reproduction
DOI:
https://doi.org/10.15407/dopovidi2016.11.036Keywords:
accumulation, benefits, capital, depreciation, inflation, macroeconomics, model, money supply, price, productivityAbstract
A mathematical model of the dynamics of production and market processes is suggested. It is based on the coupled differential equations of balance of the production, with regard for the productivity, depreciation and accumulation of capital, as well as the balance of commodity-money flows in the two-sector model of the economy at extended reproduction.
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