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 2-dimensional economic dynamic modeling to economic multidimensional real time modeling respectively.

Keywords: Economic modeling, real time analysis, Multidimensional coordinate spaces, Econographicology

JEL Classification: Y20