From Ceteris Paribus Assumption to Omnia Mobilis Assumption in the Economic Analysis: A Critical Review
7 Pages Posted: 13 Mar 2015
Date Written: March 13, 2015
This paper tries to promote the application of Omnia Mobilis assumption -- everything is moving -- into the economic analysis. 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: D50
Suggested Citation: Suggested Citation