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- W2552344348 abstract "The theoretical model developed earlier i argues that a “utility-value” paradigm establishes the market forces macroeconomic (MFM) model. It is an economic counterpoint to the Utility Theory approach used to establish demand curve configurations and to explain market place activity. The MFM model develops a four sector description of market behaviour and argues the need for entrepreneurial production if an economy, particularly a smaller economy is to survive and grow. The data establishes a general statement as to product expectation and the corresponding perception of worth. These define economic behavior and the correlation of these factors support the paradigm thus confirming the market place is explained as an expression of consumer behaviour." @default.
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- W2552344348 date "2009-01-01" @default.
- W2552344348 modified "2023-09-27" @default.
- W2552344348 title "Testing the Market Forces Macroeconomic Model: Establishing the Importance of Entrepreneurship in Smaller Economies" @default.
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