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Positive Evolution In Economic Forecasting. Case Study: The Evolution Of A Company’S Capital

Author

Listed:
  • POPESCU, Ion

    (Faculty of Financial-Accounting Management, Craiova Spiru Haret University)

  • UNGUREANU, Laura

    (Faculty of Financial-Accounting Management, Craiova Spiru Haret University)

  • MATEI, Viorel

    (Faculty of Financial-Accounting Management, Craiova Spiru Haret University)

  • VELTER, Victor

    (Valahia University, Târgovişte)

Abstract

For the economic sciences, mainly for the planning and organization disciplines, the models display a range of varieties. For the last decades, though, the mathematics-based models seem to be the trend, partly because of their ability to rigorously concentrate the essentials and also to be programmed via the computer-based techniques, thus creating together an unheard of instrument of scientific investigation, a resourceful ‚extension’ of human intelligence.The article herein presents certain medium-term prognosis, via the dynamic modeling, elements of bifurcation theory and the Xpp software. The case study has been the object of a research contract with the business environment.

Suggested Citation

  • POPESCU, Ion & UNGUREANU, Laura & MATEI, Viorel & VELTER, Victor, 2010. "Positive Evolution In Economic Forecasting. Case Study: The Evolution Of A Company’S Capital," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(3), pages 163-176.
    • Handle: RePEc:ris:sphecs:0074
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    More about this item

    Keywords

    economic modeling; forecasting; dynamic analysis;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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