General Economic Equilibrium 1.0

Date Added: August 18, 2013 | Visits: 282

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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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