The Application of System Theory in Economics and Finance
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DOI: 10.38007/Proceedings.0001333
Author(s)
Xiaowei Yang, Jianjun Xu
Corresponding Author
Xiaowei Yang
Abstract
System theory is the study of general patterns, structure and law of the system. In recent years, system theory has been widely used in economic and financial issues. This paper summarizes the main application of system theory in the field of economy and finance. Among them, the application of the economic field is mainly reflected in the study of the coordinated development of the whole economic system, regional sustainable development, regional integration, economic system reform, technological innovation, and system dynamics; while the application of the financial field is mainly reflected in the financial stability, financial ecosystem, financial system reform, financial institutions, and other financial topics. This study has a strong reference value for people to fully understand the application of system theory in economics and finance.
Keywords
System theory; Economy; Finance; Overview