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ECONOMIC CIRCULAR FLOWS
|26 October 2005||ECF Java Program 2.8.1, sources/sinks with given flows.||Users manual, Sources|
|19 November 2005||ECF Java Program 2.8.1, errors corrected,||Users manual, ECF program|
|17 October 2006||ECF Java Program 220.127.116.11||Users manual, ECF program|
More features will be added to the ECF program, like dynamic components.
The following features can be studied:
Statistics has to be collected for these model extensions.
When this is done, the most important markets (capital, currency, stocks) are covered. Then it's time to compare with other economic models. The Swedish National Institute of Economic Research (Konjunkturinstitutet) has its model KOSMOS and the Danish Danmarks Statistik has the model ADAM.
Part 2, Dynamic Systems will have essentially the same sectors as the static systems.
This is a coarse model, it can be refined with:
Still more statistics is needed for these model extensions.
Specific problems for further investigation are found appended
to my suggestion for thesis work.
|16 Feb. 1996||Project description written.|
|Fall 1996||Model no 1 elaborated. Newspaper articles based on the results are published.|
|15 Oct. 1997||First Swedish home page on Internet.|
|20 April 1998||First English home page on Internet|
|05 February 2004||First version of a Java program released.|