| Author | Matin, Aamir |
| Call Number | AIT RSPR no. CA-85-03 |
| Subject(s) | Economic development--Mathematical models
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| Note | A Research Study submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | An attempt is made to reconcile Neo Classical and Marxian economic growth models using the system dynamics method. It is shown that the behavior predicted by the two models occurs only under special conditions . The business cycles attributed to the interaction of the multiplier and accelerator in the Neo Classical model require unrealistic assumptions about parameters and structure of the system, whereas the increasing misery and pauperism as envisaged by the Marxian model occurs under very specific conditions. It is proposed that that much debate is generated because of non overlapping economic growth theories, which are inadequate and limited in their assumptions. accommodate many scenarios is emphasized . |
| Year | 1985 |
| Type | Research Study Project Report (RSPR) |
| School | School of Engineering and Technology (SET) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Computer Application (CA) |
| Chairperson(s) | Sadananda, Ramakoti |
| Examination Committee(s) | Saeed, Khalid ;Overby, Magnus B. |
| Scholarship Donor(s) | The Royal Thai Government |
| Degree | Research Studies Project Report (M. Sc.) - Asian Institute of Technology, 1985 |