Publication detail

The Solution of the System of Differential Equations with Delays as a Model of Economic Equilibrium in Maple

CHVÁTALOVÁ, Z. HŘEBÍČEK, J. KOCH, M.

Original Title

The Solution of the System of Differential Equations with Delays as a Model of Economic Equilibrium in Maple

Type

abstract

Language

English

Original Abstract

Purpose of the article lies in describing a method for modeling and simulation of economic phenomena, their non-trivial solutions and analyzes. Paper is based on the implementation of differential calculus in a modern concept using differential equations with a delayed argument at the implementation of the Maple system with built-in libraries as a support for economic decision-making. A brief description of the software used is also a partial goal of this paper. This approach to solutions and analyzes of economic issues can be understood as a synergy of economic, mathematical and information areas supporting the concept of the information society and the vision of the digital economy. Our modeling and relevant analyzes are done as a part of the project named GA16-03796S.

Keywords

Economic modeling; Maple; system of differential equations with delay

Authors

CHVÁTALOVÁ, Z.; HŘEBÍČEK, J.; KOCH, M.

Released

20. 9. 2017

Publisher

Fakulta podnikatelská Vysokého učení technického v Brně

Location

Brno

ISBN

978-80-214-5531-3

Book

Collected Abstracts of Perspectives of Business and Entrepreneurship Development in Digital Age: Economic, Management, Finance andSystem Engineering from the Academc and Practitioners Views

Edition

1.

Pages from

39

Pages to

39

Pages count

1

URL

https://conference.fbm.vutbr.cz/ic/files/journals/2/proceedings/PROCEEDING-OF-ABSTRACTS.pdf

BibTex

@misc{BUT145454,
  author="Zuzana {Chvátalová} and Jiří {Hřebíček} and Miloš {Koch}",
  title="The Solution of the System of Differential Equations with Delays as a Model of Economic Equilibrium in Maple",
  booktitle="Collected Abstracts of Perspectives of Business and Entrepreneurship Development in Digital Age: Economic, Management, Finance andSystem Engineering from the Academc and Practitioners Views",
  year="2017",
  series="1.",
  pages="39--39",
  publisher="Fakulta podnikatelská Vysokého učení technického v Brně",
  address="Brno",
  isbn="978-80-214-5531-3",
  url="https://conference.fbm.vutbr.cz/ic/files/journals/2/proceedings/PROCEEDING-OF-ABSTRACTS.pdf",
  note="abstract"
}