SPECIFIC INTEGRAL IN ECONOMIC FUNCTIONS

Radovan Damnjanović; Vlado Đurković; Miloš Miljković

doi:10.5937/Oditor1803071D

Authors

Radovan Damnjanović University of Defense, Belgrade, Serbia Author
Vlado Đurković University of Defense, Belgrade, Serbia Author
Miloš Miljković Serbian Army, Kruševac Author

DOI:

https://doi.org/10.5937/Oditor1803071D

Keywords:

integral account, economic analysis, Lorenz's curve

Abstract

The application of mathematical models has found a dominant place in the solution of the problem of economic science in the second half of the twentieth century. In this paper we will show the possibility of using an integral account with the income concentration index.

This index represents a relative measure of inequality in income distribution and can often be found in economic analysis. Graphic interpretation of an integral account is used to facilitate the interpretation of research results, which will be presented in this paper.

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