Title :
An electronic analogue for an economic system
Author :
Smith, O. J. M. ; Erdley, H. F.
Author_Institution :
University of California, Berkeley, Calif.
fDate :
4/1/1952 12:00:00 AM
Abstract :
A macrodynamical economic system is simulated with electronic circuits to study the effects of various parameters on stability. Included in the circuit are the delay between the investment of money and the production of goods, the time constant of depreciation, the distribution of manufactured goods, increase of capital goods, and national consumption.
Keywords :
Economics; Equations; Investments; Oscillators; Production; Transient analysis; Vectors;
Journal_Title :
Electrical Engineering
DOI :
10.1109/EE.1952.6437436
