Cybernetics and economics

Outlines some of the different ways of analysing economic systems. Considers the econometric way of research does not explain fully and adequately the economic activity. Believes that a better and more adequate method of investigation would be through the introduction of cybernetic models and methods. Presents as an example a linear aggregative model of simple Keynesian form and contrasts the cybernetical approach with the conventional one. Discusses the choice between these approaches and the advantages and disadvantages of their implementation.