Modeling price, supply and demand by using system dynamics

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dc.contributor.authorPoiasnyk, Yaryna
dc.date.accessioned2021-04-07T21:43:24Z
dc.date.available2021-04-07T21:43:24Z
dc.date.issued2020
dc.description.abstractSupply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. With demand indicated by a downward sloping demand curve and supply represented by an upward sloping supply curve, then equilibrium in this market is where demand equals supply.en_US
dc.identifier.citationPoiasnyk Y. Modeling price, supply and demand by using system dynamics / Poiasnyk Yaryna // 3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiv / ed. by Olena Primierova ; National University of Kyiv-Mohyla Academy, Department of Finance, Center of Financial and Economic Research [et al.]. - Kyiv : [Інтерсервіс], 2020. - P. 67-69.en_US
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/19736
dc.language.isoenuk_UA
dc.relation.source3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiven_US
dc.statusfirst publisheduk_UA
dc.subjecteconomic theoryen_US
dc.subjectthe price change rateen_US
dc.subjectprice supply and demanden_US
dc.subjectconference materialsen_US
dc.titleModeling price, supply and demand by using system dynamicsen_US
dc.typeConference materialsuk_UA
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3rd Annual Research Conference "Theory and Practice of System Dynamics in Finance"