Computational Qualitative Economics – Using Computational Intelligence for Andvanced Learning of Economics in Knowledge Society

Andrasik Ladislav ()
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Andrasik Ladislav: Ladislav Andrasik; European Technological Institute, Kunovice, Czech Republic

Creative and Knowledge Society, 2015, vol. 5, issue 2, 1-15

Abstract: In economics there are several complex learning themes and tasks connected with them difficult for deeper understanding of the learning subject. These are the reasons originating serious learning problems for students in the form of Virtual Environment because deeper understanding requires high level mathematical skills. Actually the most important feature for discerning this part of economics is the set of qualitative shapes emerging in discrete dynamic systems when they are undergoing iterations and/or experimentation with parameters and initial coordinates of variables. Among such shapes there are: - trajectories in evolving time; - trajectories in R2 of two variables; - cobweb portraits; - one control parameter bifurcation with first and/or with second variables; - two control parameters bifurcation in R2 (attractive basin of double controls); - cycles; - basin of attraction of two variables; - one Lyapunov’s exponent against some of control parameters; - Lyapunov’s exponents with two control parameters in R2; - absorbing area with possibility to create critical curves and/or attractors. The hope is that products of computational intelligence may help them solve such problems. Naturally, the meant complex economic problems and tasks have discrete, qualitative and nonlinear (noninvertible) nature resulting in increased level of difficulties. So with the term used in the head of this paper one has to understand narrowly: “qualitative nonlinear computational economics”. For better understanding the very nature of the problem we are using as appropriate example actual simulation of the model of new ICT products monopolies in virtual laboratory built in the routines setting dominantly in the software iDMC.

Keywords: Complex economic system; Computational intelligence; The Cyclical growth; Experimentation in iDMC laboratory; Monopoly model; Oligopoly model; The Strange economic dynamicity; Virtual economic laboratories (search for similar items in EconPapers)
JEL-codes: A23 C10 C18 C35 C63 C93 D21 D42 D43 E32 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:crknos:v:5:y:2015:i:2:p:1-15:n:5

DOI: 10.2478/cks-2015-0011

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