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Electric circuit VS Economy

@ja

Jul 24, 2017
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I am working on a project work using kirchhoff's equation i.e the second order equation. L(d2i/dt2) + R(di/dt) + 1/C(i) = V(t) to study the impact of capital inflow in an economy. i am using the equation as my model. Aim to studying possible similarity between an economy and circuit. Please i need an insight as to which factors of an economy i can choose to represent different parameters in the equation will be very helpful.
 

(*steve*)

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Jan 21, 2010
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There is an obvious similarity.

Measures which can be converted to scalar values and for which there are domain rules which mean that they are equal, all use the same "scalar equal" function.

So you may have found that both economics and electronics use the same definition of basic mathematical concepts.
 
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