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
Date Written: June 30, 2009
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: Suggested Citation