APPLICATION OF MATRICES IN ECONOMIC MODELING
Keywords:
Matrix, linear algebra, economic modeling, inter-industry balance, Leontief model, linear equations, optimization.Abstract
The article examines the theoretical foundations and practical application of matrices in economic models. It considers the main operations with matrices, their role in solving systems of linear equations and constructing models of inter-industry balance. Particular attention is paid to the Leontief model and its significance in macroeconomic analysis. Examples of the application of matrices in the management of production and financial flows are given.
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