Since 2014
A Probe into the Unification of Micro-Macro-Economics: Arrow-Debreu-Mundell-Fleming Model as a Standard Model
Euro-Asian Journal of Economics and Finance
View Archive Info| Field | Value | |
| Title |
A Probe into the Unification of Micro-Macro-Economics: Arrow-Debreu-Mundell-Fleming Model as a Standard Model
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| Creator |
Ye, Fred Y.
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| Subject |
Arrow-Debreu model; Mundell-Fleming model; General equilibrium; marginal effect; multiplier model; standard model
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| Description |
For unifying micro-economics and macro-economics, demand-supply relation, marginal effect and multiplier model construct three keys. As aggregate demand (AD) – aggregate supply (AS) can be approached by multiplier model and marginal effect is also connected to multiplier one, it is revealed that micro-Arrow-Debreu model can be combined with macro-Mundell-Fleming model, which is suggested to become economic standard model.
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| Publisher |
Academy of Business & Scientific Research
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| Date |
2014-12-15
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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/388
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| Source |
Euro-Asian Journal of Economics and Finance; Vol 3 No 1 (2015): January; 1-8
2310-4929 2310-0184 |
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| Language |
eng
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| Relation |
http://absronline.org/journals/index.php/eajef/article/view/388/406
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| Rights |
Copyright (c) 2014 Euro-Asian Journal of Economics and Finance
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