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Modern monetary theory or modern money theory (MMT) is a heterodox [1] macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires.
A drawing of a graph.. In mathematics, graph theory is the study of graphs, which are mathematical structures used to model pairwise relations between objects. A graph in this context is made up of vertices (also called nodes or points) which are connected by edges (also called arcs, links or lines).
Energy–maneuverability theory is a model of aircraft performance. It was developed by Col. John Boyd , a fighter pilot, and Thomas P. Christie , a mathematician with the United States Air Force , [ 1 ] and is useful in describing an aircraft's performance as the total of kinetic and potential energies or aircraft specific energy .
Harmonic Materials of Modern Music is a book on musical set theory by American composer Howard Hanson that overlaps significantly with composer Elliott Carter's Harmony Book and theorist Allen Forte's subsequent Structure of Atonal Music. Published in 1960, Hanson's theory was one of the first to examine all sets of pitches in terms of their ...
Simply stated, post-modern portfolio theory (PMPT) is an extension of the traditional modern portfolio theory (MPT) of Markowitz and Sharpe. Both theories provide analytical methods for rational investors to use diversification to optimize their investment portfolios.
Theory Z of Ouchi is Dr. William Ouchi's so-called "Japanese Management" style popularized during the Asian economic boom of the 1980s.. For Ouchi, 'Theory Z' focused on increasing employee loyalty to the company by providing a job for life with a strong focus on the well-being of the employee, both on and off the job.
Classical control theory uses the Laplace transform to model the systems and signals. The Laplace transform is a frequency-domain approach for continuous time signals irrespective of whether the system is stable or unstable.
Chester Irving Barnard (November 7, 1886 – June 7, 1961) was an American business executive, public administrator, and the author of pioneering work in management theory and organizational studies. His landmark 1938 book, The Functions of the Executive , sets out a theory of organization and of the functions of executives in organizations.