Xia, Yun Guan with Wan Kang Chen, "Description of Microeconomics by System Dynamics", 1988

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Some principle conceptions in microeconomics are simulated by System Dynamic (in brief S.D) in this article. The simulating of two fundamental theories in microeconomics concerned with balanced prices and margin analysis leads to some significant conclusions. Most of these conclusions are now in heated argument in microeconomic field. Our achievement is provided as a test of the proceeding ideas.

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  • 1988
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