Modeling and Simulation of Macroeconomic Feedback Processes: Demand – Supply Equilibrium, Allocation of Scarce Resources, Allocation of Disposable Income, Profitability - Softcover
Synopsis
Considering a cybernetic system for national economies starts from observing complexity, interdependence, co-evolution, far from equilibrium functioning, feedback, auto-organization - properties which are acting together for creating a new order and coherence in time. Governments look at the economy, take action as policies, observe the results - evaluate and implement other policies in the hope for better results again observed and evaluated which will determine more action. This process is in its nature a feedback process. Corrective measures are less dependent of time but more related to the conditions displayed within the system. Macroeconomic issues are thus harder as it implies that any attempt of policy implementation will trigger the system to naturally compensate for the changes that occur. Circular causality and feedback are more often delayed, subtle and misleading. Intuition is not enough and the most important is to determine the sources within the system that dictate its behavior. The system dynamic models presented in the book find their use in policy building, testing and assessing macroeconomic policies, areas for development and continuous tracking of macro KPIs.
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About the Author
Bianca Ioana Popescu is currently Business Management Advisor at IBM Romania with a PhD in Economic Cybernetics. Has as interests the study of complex adaptive systems, business analysis and macroeconomics. Acts also as associate assistant within the Department of Informatics and Economic Cybernetics at the Bucharest University of Economic Studies.
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Modeling and Simulation of Macroeconomic Feedback Processes
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LAP LAMBERT Academic Publishing Jul 2017, 2017
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ISBN 13: 9786202004404
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Considering a cybernetic system for national economies starts from observing complexity, interdependence, co-evolution, far from equilibrium functioning, feedback, auto-organization - properties which are acting together for creating a new order and coherence in time. Governments look at the economy, take action as policies, observe the results - evaluate and implement other policies in the hope for better results again observed and evaluated which will determine more action. This process is in its nature a feedback process. Corrective measures are less dependent of time but more related to the conditions displayed within the system. Macroeconomic issues are thus harder as it implies that any attempt of policy implementation will trigger the system to naturally compensate for the changes that occur. Circular causality and feedback are more often delayed, subtle and misleading. Intuition is not enough and the most important is to determine the sources within the system that dictate its behavior. The system dynamic models presented in the book find their use in policy building, testing and assessing macroeconomic policies, areas for development and continuous tracking of macro KPIs. 196 pp. Englisch. Seller Inventory # 9786202004404
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Modeling and Simulation of Macroeconomic Feedback Processes: Demand Supply Equilibrium, Allocation of Scarce Resources, Allocation of Disposable Income, Profitability
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Modeling and Simulation of Macroeconomic Feedback Processes
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Popescu Bianca IoanaBianca Ioana Popescu is currently Business Management Advisor at IBM Romania with a PhD in Economic Cybernetics. Has as interests the study of complex adaptive systems, business analysis and macroeconomics. Acts a. Seller Inventory # 158392864
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Modeling and Simulation of Macroeconomic Feedback Processes
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LAP LAMBERT Academic Publishing Jul 2017, 2017
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Taschenbuch. Condition: Neu. Neuware -Considering a cybernetic system for national economies starts from observing complexity, interdependence, co-evolution, far from equilibrium functioning, feedback, auto-organization - properties which are acting together for creating a new order and coherence in time. Governments look at the economy, take action as policies, observe the results - evaluate and implement other policies in the hope for better results again observed and evaluated which will determine more action. This process is in its nature a feedback process. Corrective measures are less dependent of time but more related to the conditions displayed within the system. Macroeconomic issues are thus harder as it implies that any attempt of policy implementation will trigger the system to naturally compensate for the changes that occur. Circular causality and feedback are more often delayed, subtle and misleading. Intuition is not enough and the most important is to determine the sources within the system that dictate its behavior. The system dynamic models presented in the book find their use in policy building, testing and assessing macroeconomic policies, areas for development and continuous tracking of macro KPIs.Books on Demand GmbH, Überseering 33, 22297 Hamburg 196 pp. Englisch. Seller Inventory # 9786202004404
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Modeling and Simulation of Macroeconomic Feedback Processes : Demand ¿ Supply Equilibrium, Allocation of Scarce Resources, Allocation of Disposable Income, Profitability
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Considering a cybernetic system for national economies starts from observing complexity, interdependence, co-evolution, far from equilibrium functioning, feedback, auto-organization - properties which are acting together for creating a new order and coherence in time. Governments look at the economy, take action as policies, observe the results - evaluate and implement other policies in the hope for better results again observed and evaluated which will determine more action. This process is in its nature a feedback process. Corrective measures are less dependent of time but more related to the conditions displayed within the system. Macroeconomic issues are thus harder as it implies that any attempt of policy implementation will trigger the system to naturally compensate for the changes that occur. Circular causality and feedback are more often delayed, subtle and misleading. Intuition is not enough and the most important is to determine the sources within the system that dictate its behavior. The system dynamic models presented in the book find their use in policy building, testing and assessing macroeconomic policies, areas for development and continuous tracking of macro KPIs. Seller Inventory # 9786202004404
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Modeling and Simulation of Macroeconomic Feedback Processes | Demand - Supply Equilibrium, Allocation of Scarce Resources, Allocation of Disposable Income, Profitability
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Taschenbuch. Condition: Neu. Modeling and Simulation of Macroeconomic Feedback Processes | Demand - Supply Equilibrium, Allocation of Scarce Resources, Allocation of Disposable Income, Profitability | Bianca Ioana Popescu (u. a.) | Taschenbuch | 196 S. | Englisch | 2017 | LAP LAMBERT Academic Publishing | EAN 9786202004404 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu. Seller Inventory # 109559729
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