Some Basic Concepts

Fuad Aleskerov, Hasan Ersel () and Dmitri Piontkovski
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Hasan Ersel: Sabanci University

Chapter 1 in Linear Algebra for Economists, 2011, pp 1-15 from Springer

Abstract: Abstract Suppose we study a number of firms by analyzing the following parameters: a 1 – number of workers, a 2 – capital stock and a 3 – annual profit. Then each firm can be represented as a 3-tuple a = (a 1, a 2, a 3).

Keywords: Gross Domestic Product; Exogenous Variable; Equilibrium Price; Private Investment; Private Consumption (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-20570-5_1

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DOI: 10.1007/978-3-642-20570-5_1

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