Talk:EconMult

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This is an old revision of this page, as edited by Arnejohs (talk | contribs) at 11:20, 9 June 2004 (typo). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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It would be helpful if you could clarify the distinction between the following:

  • The model as a mathematical system describing the interrelation of variables. These are basically equations(or iteration schemes or something abstract)
  • Implementation of computer program (in mathematica) that run simulations based on the abstract model.

This I believe would also be helpful to your research.

CSTAR 04:40, 9 Jun 2004 (UTC)

CSTAR, thank you for corrections and clarification. You are of course quite right in the distinction you make between the mathematical formulation of a model and the practical implementation. The EconMult description was rather confusing in this respect. Inspired of your intervention I totally restructured the article. I also added a new article (EconSimp), as this actually represents practical use of EconMult. I will add more another day (when I have time). Thanks again. -- Arnejohs 10:52, 9 Jun 2004 (UTC)
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