The Ceteris Paribus Assumption Vs. Omnia Mobilis Assumption: Economic Note

FEA Working Paper No. 2010-06

4 Pages Posted: 3 Jul 2009 Last revised: 7 Jan 2010

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: June 30, 2009

Abstract

This paper tries to promote the application of Omnia Mobilis assumption - everything is moving - into the economic modeling. The main objective of the Omnia Mobilis assumption is to help in the relaxation process of a large number of variables that the Ceteris Paribus assumption leave constant in the moment to explain the dynamic and complex relationship among a large number of variables in the study of a single economic phenomenon.

Keywords: econographicology, multi-dimensional graphs and Ceteris Paribus assumption

JEL Classification: D5

Suggested Citation

Ruiz Estrada, Mario Arturo, The Ceteris Paribus Assumption Vs. Omnia Mobilis Assumption: Economic Note (June 30, 2009). FEA Working Paper No. 2010-06 . Available at SSRN: https://ssrn.com/abstract=1427775 or http://dx.doi.org/10.2139/ssrn.1427775

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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