Measuring the Energy of Economics (Ё): Theoretical Framework

Ruiz Estrada, M.A. (2009): Measuring the Energy of Economics (Ё): Theoretical Framework.

Abstract

This paper proposes the application of the special theory of relativity by Professor Albert Einstein in economics. It is based on the measurement of the energy of the economics (Ё). The construction of the energy of the economics (Ё) request the uses of two economic variables into the special theory of relativity follow by: The unemployment growth rate and the technological development speed.

• Item Type: MPRA Paper
• Language: English
• Keywords: Econographicology, Econophysics, Economic Teaching, Multi-Dimensional graphs and Multi-Dimensional Physical Spaces
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E60 - General

References

Einstein, A. (1952). Relativity: The Special and the General Theory. New York: Three Rivers Press.

Ruiz Estrada, M.A., Nagaraj, S. and Yap, S.F. (2007.b). “Beyond the Ceteris Paribus Assumption: Modeling Demand and Supply Assuming Omnia Mobilis”. FEA-Working Paper No.2007-9, pp.1-15.

Ruiz Estrada, M.A., (2008). “Is the Market in Dynamic Imbalance State ?”. FEA-Working Paper No.2008-4, pp.1-15.