Jun C. answered • 03/27/20
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You can model the economic flow of current situation, it would be resemble to exponential decay. Or if you may, you can model chaos theory or game theory too. Feel free to comment and discuss more about this, thanks.
Julie S.
Oh wow! I researched a bit about the chaos theory! how can I model it? it is interesting that it deals with how well can it predict the future.
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03/27/20
Julie S.
I don't know where to start! How should I go about modelling the economic flow of the current situation? Thank you!
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03/28/20
Jun C.
Sorry for late reply. To clear your confusion, chaos theory is a theory that represents how sensitive a system is. So, it should be highly unlikely to predict the future of a system because a minor change to the system will change the entire system in a very indeterministic way. I have commented the suggestion at the following comment and it said "the content is currently under review". If possible, feel free to reach out to me instead. Thanks.
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03/28/20
Jun C.
Regarding to the economic flow we are facing currently, you can do some research on which company is encountering money flow issues (I believe there are a lots). Second of all, you then search for its respective stock market graph. There should be displayed in some of the stock market website and some data is given in public. I'm not sure how accurate and how detailed your mathematical model requires. You can do some research on what causes this problem. Furthermore, you can relate it to the coronavirus issue and find out the relationship between this shelter in place, coronavirus and economic flow. Then, you can model the situation with a simple but not complicated mathematical equation (try to find some points and sketch a graph to get the equation). Besides, you can relate it to the bankruptcy of Lehman's brother and resembles it to the situation at 2008. With all these research and analysis, you maybe able to get enough pages for your paper. https://lifeandmyfinances.com/2020/03/the-stock-market-crash-of-2020-what-should-you-do/ Here is the link given about the stock market crash. Kindly reviewed. Let me know if you have more questions!
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03/28/20
Julie S.
Okay! I will do that! Thank you!
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03/28/20
Julie S.
Hi Jun! That sounds so cool! Can you explain more about the economic flow of the current situation please? :)What kind of variables? I am interested in economics, but I didn't take a course in it. I know a bit about chaos theory or game theory, but not much, could you explain of these as well? THANK YOU! I am struggling in picking a topic now for a month, and this project is worth a lot in my grades (20%). thank you so much for your helpppp!! :)))03/27/20