Is the Market in a Dynamic Imbalanced State?
FEA Working Paper No. 2008-04
20 Pages Posted: 4 Feb 2010
Date Written: February 3, 2008
This paper is interested to show graphically how the market is in a dynamic imbalanced state. It is based on the application of the Multi-Functional Pictorial Cartesian Space (MFP-Cartesian Space). The MFP-Cartesian space (Ruiz, 2006 and 2007.a) will generate a multi-dimensional visual effect to observe the market as a whole in a permanent movement state. Therefore, we assume that the market is formed by five sub-markets (goods sub-market - IS curve, money sub-market - LM curve, exports sub-market - PE curve, labor sub-market - IL curve, and technological sub-market - IT curve). The five sub-markets are moving together simultaneously in the same space and time. Finally, all these sub-markets can find its “momentum of balance synchronization stage” together in an unexpected and unlimited period of time. The “momentum of balance synchronization stage” is considered as a fleeting momentum originated by the relaxation (or less instability) of all sub-markets. It is depend on the economic, social, political, technological and natural & environment forces behavior.
Keywords: Econographicology, Macroeconomic Policy, Economic Teaching, Multi-dimensional
JEL Classification: E6
Suggested Citation: Suggested Citation