EQUATIONS OF NONLINEAR DYNAMICS OF CRISIS PHENOMENA FOR MULTIFACTOR ECONOMIC SYSTEMS

Abstract

In the published paper, a mathematical model of dynamic behavior of nonlinear multivariable economic system in crisis. Balance equations of the system are described by coupled nonlinear differential equations. The emergence and development of crisis of economic system is preconditioned by critical changes in the specific growth rates of production factors. The results of numerical solution of these equations and analysis of the model is made for the economic system, formed by three factors of production.

About the authors

A. L. Saraev

Department of Mathematics and Business–Informatics, Samara State University, Samara, 443011, Russian Federation

Author for correspondence.
Email: morenov.sv@ssau.ru

References

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