69th International Atlantic Economic Conference

March 24 - 27, 2010 | Prague, Czech Republic

Mathematical Economics and Linear Models

Thursday, 25 March 2010: 10:00
Bohuslav Sekerka, Ph.D. , Department of Economics, University of Pardubice, Pardubice, Czech Republic
A linear structural model is considered. Rows and columns of matrices correspond to different classifications of commodities, activities and subjects (regions, states). Using the model it is possible to search unknown activities of subjects by special methods as aggregation and desegregation, general inverse matrices and optimizations. The problem of price determination and dynamic of the model is also considered.