Is the Market in a Dynamic Imbalanced State?

FEA Working Paper No. 2008-04

20 Pages Posted: 4 Feb 2010

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

Econographication Virtual Laboratory (EVL); Universidad de San Carlos de Guatemala - Facultad de Ciencias Economicas

Multiple version iconThere are 2 versions of this paper

Date Written: February 3, 2008

Abstract

This paper is interested to show graphically how the market is in a dynamic imbalanced state. It is based on the application of the Multi-Functional Pictorial Cartesian Space (MFP-Cartesian Space). The MFP-Cartesian space (Ruiz, 2006 and 2007.a) will generate a multi-dimensional visual effect to observe the market as a whole in a permanent movement state. Therefore, we assume that the market is formed by five sub-markets (goods sub-market - IS curve, money sub-market - LM curve, exports sub-market - PE curve, labor sub-market - IL curve, and technological sub-market - IT curve). The five sub-markets are moving together simultaneously in the same space and time. Finally, all these sub-markets can find its “momentum of balance synchronization stage” together in an unexpected and unlimited period of time. The “momentum of balance synchronization stage” is considered as a fleeting momentum originated by the relaxation (or less instability) of all sub-markets. It is depend on the economic, social, political, technological and natural & environment forces behavior.

Keywords: Econographicology, Macroeconomic Policy, Economic Teaching, Multi-dimensional

JEL Classification: E6

Suggested Citation

Ruiz Estrada, Mario Arturo, Is the Market in a Dynamic Imbalanced State? (February 3, 2008). FEA Working Paper No. 2008-04 , Available at SSRN: https://ssrn.com/abstract=1547028

Mario Arturo Ruiz Estrada (Contact Author)

Econographication Virtual Laboratory (EVL) ( email )

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Universidad de San Carlos de Guatemala - Facultad de Ciencias Economicas ( email )

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HOME PAGE: http://www.usac.edu.gt

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