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International Journal of Management and Business Research

.: Home > International Journal of Management and Business Research > 2011 > Volume 1 Number 2 > 1 Mahdi Alvani; 2 Golam Reza Memarzadeh; 3 Mohammad Ali Afshar; 1 Fahimeh Aghajani

Dynamic Modeling of Economic System in Iran

1 Mahdi Alvani; 2 Golam Reza Memarzadeh; 3 Mohammad Ali Afshar; 1 Fahimeh Aghajani
1Department of Public Management, School of Management, Qazvin Branch, Islamic Azad University (IAU), Qazvin, Iran 2Department of Public Management, School of Management and Economics, Science and Research Branch, Islamic Azad University (IAU), Tehran, Iran 3Department of Industrial Management, School of Management, Tehran Central Branch, Islamic Azad University (IAU), Tehran, Iran
Abstract :

The long term goal attaining of economic system management requires the establishment of a dynamic framework to integrate multiple perspectives. This article considers the problem of economic development in macro level. As economic systems are complex adaptive systems composed of numerous numbers of components of dynamic and multidimensional nature, dynamics method is applied in this research. It is to this end that the main economic development indicators are utilized for dynamic measurement modeling. This model assesses economic development in Iran over the period 1989-2009 and makes a prediction for the year 2019. The results indicate relationships between economic development components.

Keywords :
Economic system; Development; System Dynamics; GDP; Inflation; Saving; Investment

Date Deposited : 29 Mar 2016 12:04

Last Modified : 29 Mar 2016 12:04

Official URL: http://www.ijmbr.org/article_13_1.html

Volume 1, Number 2, - 2011

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