Specific integral in economic functions

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.

Keywords

• integral account
• economic analysis
• lorenz's curve