Research on fast numerical calculation based on fractional calculus model for macroeconomic growth
Jingjing Song
Chaos, Solitons & Fractals, 2020, vol. 130, issue C
Abstract:
In the context of accelerating global economic growth, fractional-order calculus models have been hotly researched in economic analysis and computational research. Fractional calculus is not just a single-disciplinary knowledge, but a tool for numerical analysis that can be applied to a wide range of economic problems. This paper applies a large number of economic examples, analyzes the economic application of higher mathematics fractional calculus theory from the aspects of margin, flexibility and growth rate, and highlights the importance of mathematical calculus in the quantitative analysis of economic management and economic theory.
Keywords: Macroeconomics; Marginal analysis; Elastic analysis; Growth rate; Fractional calculus model; Numerical calculation (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:130:y:2020:i:c:s0960077919303868
DOI: 10.1016/j.chaos.2019.109440
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