An Algorithm for Economics: from GDP to the ConsumerPaul T E Cusack*
1641 Sandy Point Rd, Saint John, NB, Canada E2K 5E8, Canada
- *Corresponding Author:
- Cusack PTE
Independent Researcher, BSc E, DULE
1641 Sandy Point Rd, Saint John
NB, Canada E2K 5E8, Canada
Tel: (506) 214-3313
E-mail: [email protected]
Received Date: April 24, 2017; Accepted Date: May 15, 2017; Published Date: May 22, 2017
Citation: Cusack PTE (2017) An Algorithm for Economics: from GDP to the Consumer. J Glob Econ 5: 251. doi:10.4172/2375-4389.1000251
Copyright: © 2017 Cusack PTE. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Recent economic tools include Structural Mechanics to solve outstanding problems. Some term it Econophysics or what I call Physical Economics. With the long-standing developments in structural engineering, namely Matric or the stiffness method, it is possible to make use of this theory to form a proof for an equation that links gross domestic product (GDP) to the individual consumer. This paper presents that solution with the knowledge of the stiffness coefficient. It is important because it links macroeconomics to microeconomics, in a solution that is possible to program, especially with the data of debit transactions.