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" Application of dimensional analysis in economics / "
Wiesław Maria Grudzewski and Krystyna Rosłanowska-Plichcińska.
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BL
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| Record Number
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854510
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| Main Entry
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Grudzewski, Wiesław.
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| Title & Author
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Application of dimensional analysis in economics /\ Wiesław Maria Grudzewski and Krystyna Rosłanowska-Plichcińska.
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| Publication Statement
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Amsterdam ;Washington, D.C. :: IOS Press,, 2013.
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1 online resource (xii, 138 pages) :: illustrations
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| ISBN
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1299990606
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: 1614992797
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: 1614992800
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: 9781299990609
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: 9781614992790
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: 9781614992806
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9781614992790
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| Bibliographies/Indexes
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Includes bibliographical references (pages 136-138).
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| Contents
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Title Page; Preface; Contents; Measuring of Economic Quantities; Economic Laws and Categories; Economic Quantities; Quantity Measuring Fundamentals; Measuring Methods; Analysis of Measuring Errors; Sources of Systematic Errors; Maximum Error in Indirect Measurements; Establishing Approximate Values of Measurement Results; Measuring Characteristics of Economic Quantities; Measuring Methods for Economic Quantities; Basic Measurement Criteria in Economics; Measuring Methods for Duration Time of Economic Processes and Their Components; Value Measuring; Modelling of Economic Processes.
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Building of Quantified Dimensional ModelsProcedures; Dimensional Models of the Production Function; Problem Description; Production Function Models Based on Dimensional Analysis; National Income Models Proposed; Models of the Function of Expenses; Definition of a Function of Expenses for Consumer Goods; Generalised Model of a Function of Expenses for Necessities; Function of Expenses Proposed for Durable Goods; Results of a Study Concerning Expenses for Selected Everyday Consumables; Economic Development Modelling According to the Model Similarity Theory.
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Concept of Creating Economic Development ModelsExamples of Dimensionless Models of Economic System Development; Production Increase Model Described with a Dimensional Functional; Experiment and Practical Verification; Experiment in Modelling of Phenomena, Processes and Laws; Basic Verification Problems; Verification of Quantified Models; Conclusions; References.
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Quantified ModelsOrigins of Economic Modelling; Dimensional Analysis as the Basis for Formulation of Quantified Models; Dimensional Quantities; Dimensional Constants; Principles of Dimensional Analysis; Algebraic Framework of Dimensional Analysis; Theorems of Dimensional Function; Modelling of Processes Using a Composite Dimensional Function; Computer-Oriented Modelling Description; Parametric Notation of a Dimensional Function; Parametric Description of a Composite Dimensional Function; Experiment Designing Based on Dimensional Analysis; Model Similarity Theory.
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| Abstract
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The modeling of economic phenomena and processes, in terms of their static and dynamic features and with regard to the characteristics of their course, is a major methodological trend in studies of the nature, properties and functioning of contemporary management systems. Models describing management systems must be of a multi-aspect nature, entailing aspects such as technical, economic and sociological factors on the one hand, and forecasting, planning, leading, controlling etc., on the other. Developing a method for incorporating such diverse data into a system of analysis is, needless to say, a complex process. Dimensional analysis is a tool which might be useful in this process, but one which, up to now, has been little explored in the economic sciences. This book explores the application of dimensional analysis in the field of economics. It has been structured in a way which corresponds to the formulation of economic quantities, and is divided into five sections: measuring of economic quantities, modeling of economic processes, principles of dimensional analysis, building of quantified dimensional models, and experiment and practical verification.
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| Subject
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Econometrics.
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Economics, Mathematical.
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BUSINESS ECONOMICS-- Economics-- General.
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BUSINESS ECONOMICS-- Reference.
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Econometrics.
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Economics, Mathematical.
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| Dewey Classification
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330.01/5195
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| LC Classification
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HB139
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| Added Entry
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Rosłanowska-Plichcińska, Krystyna.
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