NATURAL GROWTH MODEL
Keywords:
Natural growth process, multiplication, differential equation, integration, exponential function.Abstract
Many processes in the economy occur naturally through mechanisms of growth (multiplication). Such processes include the natural growth of the country's population in the economic system, the relationship between resources and production volumes, as well as the increase in funds deposited in the banking system for the purpose of savings over time. This article analyzes the natural growth model used in economics, its mathematical expression and economic content. The study highlights the theoretical foundations of the use of differential equations and exponential functions in describing natural growth processes and justifies their importance in modeling economic processes.
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