The Economic Waves Effect of the U.S. Economy on the World Economy
FEA Working Paper No. 2009-2
6 Pages Posted: 20 Nov 2008 Last revised: 4 Jan 2010
Date Written: November 20, 2008
Abstract
This paper is willing to show graphically how an economic recession from the largest economy in the world can generate economic waves on different markets (countries or regions) simultaneously. The case study in this paper is to evaluate how an economic recession in the U.S. economy can affect on five different markets such as Japan, China, ASEAN, Latin America and European Union -EU- between two periods year 2007 and year 2008. To visualize how an economic recession in U.S. can generate economic waves on the rest of the world economy, we suggest the application of Multi-Dimensional Physical Spaces (Ruiz Estrada, 2008). Finally, this paper is also interested to propose the uses of computer graphical animation. It is based on the construction of large number of slides join together through the production of a video. In our case, we are using the Windows Microsoft movie maker software (Microsoft, 2008). It is to generate a real time effect of the economic waves in a constant movement into the same graphical space.
Keywords: Econographicology, Euclidean Geometry, Economic Teaching
JEL Classification: B40, B41
Suggested Citation: Suggested Citation