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Titlebook: Newtonian Microeconomics; A Dynamic Extension Matti Estola Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Econophysics.Beh

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,Capital Goods as Firms’ Inputs, calculations are presented as tools in comparing money flows at different time units. The parities between discrete and continuous time interest rates and discrete time interest rates with different time units are defined. The force acting upon the capital input of a profit-seeking firm is defined,
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Saving, Borrowing, and Interest Rates,inancial market. A utility-seeking household saves or borrows depending on whether its subjective rate of time preference deviates from the prevailing interest rate, and this causes the supply of savings and the demand for loans in the financial market. The forces acting upon the demand for loans an
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Labor as a Production Factor,or market is compared with a unionized market. Labor demanders and suppliers are assumed to behave in a profit and utility-seeking way, and this results in dynamic behavior that may be stable or not. The forces acting upon labor demand and supply, as well as wages, are defined, and the labor market as a whole is studied as a dynamic system.
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