The Commodity-Money Analytical Framework: A Unified Approach to Micro-Macro-Economics and Complex Economics
Euro-Asian Journal of Economics and Finance
View Archive InfoField | Value | |
Title |
The Commodity-Money Analytical Framework: A Unified Approach to Micro-Macro-Economics and Complex Economics
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Creator |
Ye, Fred Y.
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Subject |
Economic model, Economic analysis, Economic measure, Complex economics, Commodity, Money, Microeconomics, Macroeconomics, Unified economics
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Description |
The commodity function X and the money function Y are introduced to construct a unified micro-macro-economic analytical framework. In the commodity-money analytical framework, depression and inflation are naturally interpreted. With considering that commodity is real and money looks imaginary that reflects the value of commodity, complex economics could be set up, where the module |M|=|Y/X| of economic measure M=X+iY is applied to be unified marginal-multiplier for linking micro- and macro-economics, which could benefit economic analysis.
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Publisher |
Academy of Business & Scientific Research
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Date |
2015-01-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://absronline.org/journals/index.php/eajef/article/view/393
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Source |
Euro-Asian Journal of Economics and Finance; Vol 3 No 1 (2015): January; 44-52
2310-4929 2310-0184 |
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Language |
eng
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Relation |
http://absronline.org/journals/index.php/eajef/article/view/393/411
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Rights |
Copyright (c) 2014 Euro-Asian Journal of Economics and Finance
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