Keynes General Theory
Geoff McDonnell ★
Clone of Wagdy Samir Macroeconomics work in progress IM-901 Additions and deletions based on Robert Skidelsky's description of Keynes general THeory from his Biography Vol2 p 549 -571
- 5 years 7 months ago
Keynesian Macroeconomics
Nicholas Lowe
Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.
- 5 years 7 months ago
Clone of Keynes General Theory
Martin Eden
Clone of Wagdy Samir Macroeconomics work in progress IM-901 Additions and deletions based on Robert Skidelsky's description of Keynes general THeory from his Biography Vol2 p 549 -571
- 4 years 9 months ago
Keynes theory of employment and inflation
Geoff McDonnell ★
Causal loop representation of Keynesian macroeconomics taken from the System Dynamics literature, specifically Henize 1972 MIT D-memo D-1717. See also Nathan Forrester's SF CLD Diagram from his PhD IM-165714
Macroeconomics Economics Employment Inflation Labour Dynamics Keynes
- 6 months 4 hours ago
Clone of Keynesian Macroeconomics
Martin Eden
Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.
- 4 years 9 months ago
The Macroeconomic Demand for Labour
Geoff McDonnell ★
Summary of Ch 14 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
- 3 months 1 week ago
Theory of Effective Demand
Geoff McDonnell ★
Summary of Ch 13 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
- 3 months 1 week ago
Keynes and the Classics
Geoff McDonnell ★
Summary of Ch 12 of Mitchell Wray and Watts Textbook see IM-164967 for book overview. Compare with SD CLD IM-169071
- 3 months 1 week ago
Clone of Keynesian Macroeconomics
Runy Calmera
Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.
- 4 years 2 months ago