2017
DOI: 10.4172/2375-4389.1000251
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An Algorithm for Economics: from GDP to the Consumer

Abstract: Recent economic tools include Structural Mechanics to solve outstanding problems. Some term it Econophysics or what I call Physical Economics. With the long-standing developments in structural engineering, namely Matric or the stiffness method, it is possible to make use of this theory to form a proof for an equation that links gross domestic product (GDP) to the individual consumer. This paper presents that solution with the knowledge of the stiffness coefficient. It is important because it links macroeconomi… Show more

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“…This is all linked together by the golden mean parabola which plots GDP vs. stiffness. We begin with the Stiffness Matrix Equation [2,3].…”
Section: Introductionmentioning
confidence: 99%
“…This is all linked together by the golden mean parabola which plots GDP vs. stiffness. We begin with the Stiffness Matrix Equation [2,3].…”
Section: Introductionmentioning
confidence: 99%