SOLVING THE SRAFFIAN SYSTEM OF PRODUCTION VIA THE USE OF A COMPUTER MODEL

This study is conducted to determine a method of solving the Sraffian set of equations of production, using a computer model. Sraffa's theory is based on a very simple model of an economic system consists of a set of non‐linear equations. Consideration is given, in this paper, to the importance of using modelling and simulation techniques rather than analytical methods.