Balances Mechanics

(Macroeconomic)

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Macroeconomic
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What is Balances Mechanics?

The Balances Mechanics (German: Saldenmechanik) (from balances of bookkeeping respectively the credit system and mechanics to characterize the strict universal identities) is a work and mean of economics, comparable with Stock-Flow Consistent Modelling. Statements of Balances Mechanics are not based on assumptions and preconditions of a model but are of trivial arithmetic nature, usually shaped as equation and universal without restrictions. Balances Mechanics were developed by Wolfgang Stützel and published in his books Paradoxa der Geld- und Konkurrenzwirtschaft (Paradoxes of Competition-Based Monetary Economies) and Volkswirtschaftliche Saldenmechanik (Balances Mechanics of Economics).

Technology Types

economic methodmacroeconomic

Translations

Saldenmechanik (de)

Tech Info


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 — Date merged: 11/6/2021, 1:32:45 PM
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