Objective laws governing formation of general equilibrium and business cycle

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Article. Tbilisi. - 2012. - P. 35.
The original model of general economic equilibrium is proposed. According to it a.
closed, decentralized economic system has many equilibrium states. Condition of.
equilibrium is equality of gross profit, saving, investment and consumption in debt,
which are internally linked between each other. According to model "commodities.
are produced by commodities" and their prices are a mathematical group. The law.
of economic equilibrium, under which the cost of goods spent on production of.
some good should be equal to the cost of this good expended in production of other.
goods, is substantiated. New understanding of formation mechanism of business.
cycle is given.
Introduction.
Preliminary concepts.
"Symmetric model" of general economic equilibrium.
Self-regulation of economic structure in market economy.
Self-regulation of economic activity.
Conclusion.
References.

Author(s): Leiashvily P.

Language: English
Commentary: 1679908
Tags: Финансово-экономические дисциплины;Экономическая теория