Economic Waves: The Effect of the U.S. Economy on World Economy
Contemporary Economics, Vol. 8, No. 3, pp. 247-260.
Posted: 5 Aug 2014 Last revised: 26 Jun 2016
Date Written: August 5, 2014
This paper shows how the inter-connections of the U.S. economy with five major economic regions in the world: Japan, China, ASEAN, Latin America, and the European Union can be captured through use of the inter-linkage coordinate space, and how such connections can be represented graphically with the U.S. economy placed in the center and with these regions plotted along the rays (axes) that are drawn from the center, each ray having as many windows as are required at the predetermined perimeter levels. Hence, this paper evaluates the way in which an economic recession or financial crisis from the U.S. economy can simultaneously affect five different markets economic hotspots viz. Japan, China, ASEAN, Latin America and the European Union. Finally, this paper proposes the use of computer graphical animation to generate the real time effect of these economic waves into the same graphical space.
Keywords: Econographicology, Euclidean Geometry, Economic Teaching
JEL Classification: B40, B41
Suggested Citation: Suggested Citation