Positive evolution in economic forecasting. Case study: the evolution of a company’s capital

• Main Authors: Ion POPESCU, Laura UNGUREANU, Viorel MATEI, Victor VELTER
• Format: Article
• Language: English
• Published: Editura Fundatiei Romania de Maine 2010-09-01
• Series: Annals of Spiru Haret University Economic Series
• Subjects: economic modelling, forecasting, dynamic analysis
• Online Access: http://anale.spiruharet.ro/index.php/economics/article/view/678

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 modelling, elements of bifurcation theory and the Xpp software.  The case study has been the object of a research contract with the business environment.