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Some Microeconomics of Quantum Macroeconomics

Romar Correa

Published Jan 1, 2020• 1 citation
Publisher
DOI
10.34490/revkeystud.2.0_175

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The article substantiates the possibility to use the quantum-wave ideas that were earlier developed by the author about the nature and mechanism of microeconomic subjects' behaviour for the interpretation of economic growth as a dynamic non-linear process which is manifested through the following effects: collapses of individual wave functions, that mean the transition of micro subjects of the economy to a higher energy level and creation and destruction of the coherence of micro subjects' behaviour, which determine the evolution of the structure of the macroeconomic system. Such approach transforms the task of the economic policy to ensure the economic growth into the task of ensuring the economic growth of the energy of a macro-system as a whole and opens new opportunities for the formalization of conditions and the process of economic growth.

Известия Иркутской государственной экономической академии•Jan 1, 2011•0 citations
Abstract. The holistic approach of quantum theory is investigated as a tool for social economists to analyze and to interpret socioeconomic reality and paradigms. The link between quantum theory and the social economist's approach to socioeconomic reality, i.e., the “what is,” rests on the premise that each element of the socioeconomic universe relates to the whole system and vice versa. In other words, the meaning of each part is to be found in its implicit reflection of the whole of reality; it has no meaning exclusive of the whole. In terms of quantum theory, investigations of microeconomic processes are interwoven with the macroeconomic frame of reference of the observer. The very act of observation is to be considered as an integral part of the observed system.
The article substantiates the possibility to use the quantum-wave ideas that were earlier developed by the author about the nature and mechanism of microeconomic subjects' behaviour for the interpretation of economic growth as a dynamic non-linear process which is manifested through the following effects: collapses of individual wave functions, that mean the transition of micro subjects of the economy to a higher energy level and creation and destruction of the coherence of micro subjects' behaviour, which determine the evolution of the structure of the macroeconomic system. Such approach transforms the task of the economic policy to ensure the economic growth into the task of ensuring the economic growth of the energy of a macro-system as a whole and opens new opportunities for the formalization of conditions and the process of economic growth.