What do we need to adequately describe the operation of a modern economy? Essay

Equilibrium refers to a market condition, characterized as which tend to remain once it has reached. From the perspective of the economy, this occurs when the quantity demanded of that article or equals the amount that it is offered in the market for a period of time. Geometrically, equilibrium occurs at the intersection of the curves of aggregate demand and supply in the market for the same item. When the curves corresponding to the aggregate supply and demand functions are known, one can obtain the equilibrium price to match the respective equations, considering that in the equilibrium quantities are demanded and produced are equal.
There is no doubt that the use of new technologies has reduced distances and joined the unexpected, even the firms with different ideologies. However, it is necessary to establish that we are daily exposed to a wealth of information that can easily mislead us and makes us more vulnerable to the invariable changes and for which we must prepare. Understanding equilibrium in technology is not just about mastering the art but knowing how to adapt to a system of beliefs and values. Although we are in a world of globalization, every country, firm has its own culture that we cannot expropriate. Therefore, I believe it is essential to further impetus and direction by the firms ensure the development of peoples, and where we as communicators we foster their reflection.
In recent years, technological innovation has changed the economic structure of advanced economies from several dimensions, but the main advantage the numerous synergies generated by the rest of the economy. To adequately describe the operation of a modern economy it is necessary to complement market-based approach with the approach that deals with the economy, called macro- economy. Macroeconomics studies the performance of the economy was born as a whole and, therefore, is not focused on the behaviours individuals or small groups, but in what are called aggregate variables. Besides their own R & D, the technological policies should highlight the changes in the investment process, resulting from the new capital formation in intangible.
Fluctuations in economic activity are irregular. If they were regular, it would be easier to predict and would be easier develop production policies that led to the desired values. However, fluctuations are irregular and hard to predict. Another major unknowns relating to technical progress is the specific transmission mechanism whereby the growing technology results in the different types of technical progress discussed above. In the simplest models of growth is considered a given, while in the more advanced models it is believed that the mechanism by which technological progress is incorporated is the new capitalist economy.
In the attempts, classification of technical progress has been motivated by the interest of the effects on the distribution of income between capital and labor. In fact, considering the proposed classifications, the renewed interest in this subject comes from the phenomenon that many forms of technical progress are inconsistent with continued growth concepts used in many models of economic growth