On Dynamics of Certain Economic Models

  • Lubica Hanustiakova
  • Rudolf Olach
Keywords: economic model, national income, price, equilibrium point, periodic point, cycle, stability

Abstract

The article deals with the dynamics of two economic models. The first one is a macroeconomic model about national income and its stability. In the second model the price of a certain commodity is treated. The equilibrium points, periodic points, price cycles and their stability in the market is also observed. The article is interdisciplinary in its nature.

Author Biographies

Lubica Hanustiakova

Department of mathematical analysis and applied mathematics, Faculty of natural sciences, University of Zilina, Slovakia

Rudolf Olach

Department of mathematical analysis and applied mathematics, Faculty of natural sciences, University of Zilina, Slovakia

Published
2005-12-31
How to Cite
Hanustiakova, L., & Olach, R. (2005). On Dynamics of Certain Economic Models. Communications - Scientific Letters of the University of Zilina, 7(4), 37-40. Retrieved from http://journals.uniza.sk/index.php/communications/article/view/1265
Issue
Vol 7 No 4 (2005)
Section
Articles