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"Submissions Open For Vol. 11,Issue3, May. - June, 2024"


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Submissions open

"Submissions Open For Vol. 11,Issue3, May. - June, 2024"


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Submissions open

"Submissions Open For Vol. 11,Issue3, May. - June, 2024"


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Submissions open

"Submissions Open For Vol. 11,Issue3, May. - June, 2024"


Mail your paper at E-mail:

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Successfully Published

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Submissions open

"Submissions Open For Vol. 11,Issue3, May. - June, 2024"


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Mail your paper at E-mail: submit2ijasm@yahoo.in , submit@ijasm.org


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Product Market Equilibrium Modeling Based on the Implicit Function Theorem and its Practice in Teaching

  • Lei Zhang
  • Yuanyuan Zhang
  • Liang Fang
Following the analysis of the necessity of new modeling method, this paper provides a new mathematical equilibrium model for the product market equilibrium based on the implicit function theorem, which modified the linear assumption into non-linear, and built a link between the multipliers theory and equilibrium model in Macroeconomics. Compared with literature, our modeling method can simultaneously analyze the existence of equilibrium solution and the multipliers followed.
Select Volume / Issue:
Year:
2022
Type of Publication:
Article
Keywords:
Implicit Function Theorem; Product Market Equilibrium; Abstract Function; AMS Classification Numbers; 15A69
Journal:
IJASM
Volume:
9
Number:
2
Pages:
32-35
Month:
March
ISSN:
2394-2894
Hits: 1684
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