An Introduction to the Multidimensional Real Time Economic Modeling

Abstract

This article proposes a new economic modeling theoretical framework that is entitled, "The Multidimensional Real Time Economic Modeling (MRTE-Modeling)." The main objective of MRTE-Modeling is to facilitate the analysis of a serial of complex and dynamic economic problems that can affect the market behavior from a multidimensional perspective. Therefore, the MRTE-Modeling is based on the uses of an alternative mathematical modeling, multidimensional graphical modeling, and computer algorithm to generate the change from economic dynamic modeling to economic real time modeling, respectively.

Keywords: economic modeling, real time analysis, multidimensional coordinate spaces, econographicology

JEL Classification: Y20