Cart (Loading....) | Create Account
Close category search window
 

Cybernetics of Economic Systems

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

1 Author(s)
Runyan, Harry M. ; Systems Management Corporation, Boston, Mass. 02108.

Techniques and concepts from cybernetics and engineering are used to combine partial models from economic literature into a more comprehensive macroeconomic model. The resulting linear model is capable of exhibiting short-period inventory cycles and long-period fixed capital investment cycles around a long-term constant growth rate trend. The rate of growth of total production is controlled by a monetary mechanism which links innovative investment to the level of unemployment.

Published in:

Systems, Man and Cybernetics, IEEE Transactions on  (Volume:SMC-1 ,  Issue: 1 )

Date of Publication:

Jan. 1971

Need Help?


IEEE Advancing Technology for Humanity About IEEE Xplore | Contact | Help | Terms of Use | Nondiscrimination Policy | Site Map | Privacy & Opting Out of Cookies

A not-for-profit organization, IEEE is the world's largest professional association for the advancement of technology.
© Copyright 2014 IEEE - All rights reserved. Use of this web site signifies your agreement to the terms and conditions.