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General Economic Equilibrium 1.0

  Date Added: August 18, 2013  |  Visits: 164

General Economic Equilibrium

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Simulink implementation of a General Economic Equilibrium with 2 firms and 2 consumers. The model features two general level-2 masked s-functions. The first one implements the consumer, which maximizes his utility function, and the second implements the firm, which maximizes its profit.This was taken from: "Economics: a Mathematical Introduction", C.J. McKenna and Ray Rees, Chapter 14.

Requirements: No special requirements
Platforms: Matlab
Keyword: Chapter Consumer Function Maximizes Mckenna Profit Utility
Users rating: 0/10

License: Shareware Size: 10 KB
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