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Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Alexandru POPOVICI

Universitatea Româno-Americană

In the first part (§§1-3), an overview of the philosophy of the multilevel reality was undertaken. In the second part (§§4-5), some applications of this approach in economics are exposed. In microeconomics, both the mathematical statement of the multilevel decision processes, and the object modeling of the organizations are described. The problem of the aggregation of the economic data is approached within the micro-, meso- and macroeconomic levels framework, and a solution is sketched, for utililities (use values) and exchange values. At last, the relationships of Juglar and Kondratieff cycles with the levels of production branches and primary energy technologies are analysed and explained, using the economical and technological levels of the production processes and the mathematical models of M. Kalecki and A. Popovici. The possibility of a flexible and distributed macroeconomic planning is also explored.

ŒCONOMICA no. 4/2014

Keywords: enterprise organization, collective decisions, data aggregation, business cycles

JEL: D23, D70, C55

Philosophy of the Multilevel Reality. Applications in Economics (II) [Filozofia realitǎţii multinivel. Aplicaţii în economie (II)]

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