Multiproduct Dynamic Model of the Economy with Two Agents: the Consumer and Producer

Student: Gyulumyan David

Educational Programme: Economics (Bachelor)

Final Grade: 7

Year of Graduation: 2016

In our paper we examine a model of interaction between the two agents on the market - a manufacturer and the user-owner. Legal form of the firm is a joint stock company whose goal is to maximize its normalized dividends. We also use a multi-product decomposition, which will help us to study two agents in different price indices taking into account the absence of export/import connection. The anticipated result should lead to finding an effective equilibrium state between the consumer and the company, taking into consideration all criteria we impose.

Full text (added March 7, 2016)

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