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{{Short description|Monetary economics equation}} ...y]]. The theories also differ in explaining the movement of money: In the classical version, associated with [[Irving Fisher]], money moves at a fixed rate and ...

In [[economics]], the '''loanable funds doctrine''' is a theory of the market interest rat The loanable funds doctrine extends the classical theory, which determined the interest rate solely by saving and investment, ...

...e.|date=2006}}</ref><ref>{{cite book|first=Alexander S.|last=Kechris|title=Classical descriptive set theory|url=https://archive.org/details/classicaldescrip0000 ...ttp://dml.cz/dmlcz/701265 }}</ref> and it is widely used in [[mathematical economics]] and [[optimal control]].<ref>{{cite journal |last1=Cascales |first1=Berna ...

...aggregate supply]] based on the work of [[New classical macroeconomics|new classical]] economist [[Robert Lucas, Jr.|Robert Lucas]]. The model states that [[ec New classical economics made its first attempt to model aggregate supply in Lucas and [[Leonard Rap ...

...y affect wages, prices, employment, and profits. Keynes disagrees with the classical view that flexible wages can cure unemployment, arguing that interest rates ===Contrast with classical view=== ...

...es and methods developed by [[Quantum mechanics|quantum physicists]] and [[Economics|economists]] in order to solve problems in [[finance]]. It is a branch of ...antum option pricing research typically focuses on the quantization of the classical [[Black–Scholes equation|Black–Scholes–Merton equation]] from the perspecti ...

...>x \geq 0</math>. The cumulative Logistic distribution is recovered in the classical limit <math>\kappa \rightarrow 0</math>. ...\geq 0</math>. The survival [[Logistic distribution]] is recovered in the classical limit <math>\kappa \rightarrow 0</math>. ...

...the 1980s it became progressively clearer that the standard [[Neoclassical economics|neoclassical]] exogenous growth models were theoretically unsatisfactory as In this case, the basic differential equation of neo-classical growth model would be: ...

...QAAQBAJ&dq=%22Winner-take-all+market%22+characteristics&pg=PA117|title=The Economics of Inequality, Discrimination, Poverty, and Mobility|last=Rycroft|first=Rob ...tives.<ref>{{Cite journal |last=Rosen |first=Sherwin |date=1981 |title=The Economics of Superstars |url=https://www.jstor.org/stable/1803469 |journal=The Americ ...

{{Short description|Mathematical model in economics}} ...ant time horizon t=1,2,...,N (for example we might know how many [[Widget (economics)|widget]]s will be needed each week for the next 52 weeks). There is a [[s ...

{{Short description|Macro model in economics}} ...lthough the model was first used to model wage setting, in [[New Keynesian economics|new Keynesian models]] that followed it was also used to model price-settin ...

In [[statistics]], the normal distribution is used in ''classical'' [[multivariate analysis]], while elliptical distributions are used in ''g Elliptical distributions are used in statistics and in economics. They are also used to calculate the [[Landing footprint|landing footprints ...

...to overcome problems with the realism of classical financial models. These classical models of financial [[time series]] typically assume [[homoskedasticity]] a An infinitely divisible distribution is called a ''classical tempered stable (CTS) distribution'' with parameter ...

...ic areas: mathematics, physics, engineering, chemistry, biology, medicine, economics, etc. This list presents differential equations that have received specific ===Classical mechanics=== ...

.../><ref name="IndustrialOrg" /> Because a monopoly faces no [[Competition (economics)|competition]], it has absolute [[market power]] and can set a price above ...a production supply and price combination that ensures a maximum [[Profit (economics)|economic profit]],<ref name="IntermediateMicro" /><ref name="IndustrialOrg ...

...sentation theorem''' shows that, under certain conditions, a [[Preference (economics)|preference ordering]] can be represented by a real-valued [[utility functi ...>. The set of all such preference-pairs forms the person's ''[[Preference (economics)|preference relation]].'' ...

{{short description|Science of value in economics}} ...n the achievements of classical [[political economy]] and neo-classical [[economics]] and has been using the methods of phenomenological science to investigate ...

{{main|Real versus nominal value (economics)}} The classical economists believed that the value of a product could be identified with th ...

...mic.oup.com/qje/article/119/1/249/1876068|journal=The Quarterly Journal of Economics|language=en|volume=119|issue=1|pages=249–275|doi=10.1162/003355304772839588 ...r]] or [[confidence interval]] of her statistical model, she realizes that classical or even [[Heteroscedasticity-consistent standard errors|heteroscedasticity- ...

...pears to be a generalisation of the known economic models, such as the neo-classical model of [[economic growth]] and [[input-output model]]. ...]], which are some universal characteristics of production processes. In classical political economy ([[Adam Smith|Smith]], [[Karl Marx|Marx]], [[David Ricard ...