Mathematical Model for Unemployment Control-A Numerical Study

Gulbanu Pathan; P.H.Bhathawala

doi:https://doi.org/10.14445/22315373/IJMTT-V49P538

International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 49 | Number 4 | Year 2017 | Article Id. IJMTT-V49P538 | DOI : https://doi.org/10.14445/22315373/IJMTT-V49P538

Mathematical Model for Unemployment Control-A Numerical Study

Gulbanu Pathan, P.H.Bhathawala

Citation :

Gulbanu Pathan, P.H.Bhathawala, "Mathematical Model for Unemployment Control-A Numerical Study," International Journal of Mathematics Trends and Technology (IJMTT), vol. 49, no. 4, pp. 253-259, 2017. Crossref, https://doi.org/10.14445/22315373/IJMTT-V49P538

Abstract

The paper presented a nonlinear mathematical model for unemployment using system of dynamic differential equations. This paper analyzed the situation of job competition between native unemployed and new migrant workers. We observed the effect of efforts for creating new vacancies made by government and private sector with delay and without delay as well as efforts of native unemployed and new migrant workers to become self-employed. We studied the stability of equilibrium points and carried out numerical simulation to compare with analytical result.

Keywords

Employed persons, unemployed persons, self-employment, migration, dynamic variables, delay.

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