From Ceteris Paribus Assumption to Omnia Mobilis Assumption in the Economic Analysis: A Critical Review

7 Pages Posted: 13 Mar 2015

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Arturo de Bonis

University of La Rioja

Date Written: March 13, 2015

Abstract

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

Ruiz Estrada, Mario Arturo and de Bonis, Arturo, From Ceteris Paribus Assumption to Omnia Mobilis Assumption in the Economic Analysis: A Critical Review (March 13, 2015). Available at SSRN: https://ssrn.com/abstract=2577675 or http://dx.doi.org/10.2139/ssrn.2577675

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Arturo De Bonis (Contact Author)

University of La Rioja ( email )

Gran Vía del Rey Juan Carlos I, 41, 26002 Logroño
La Rioja, La Rioja 26002
Spain

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