Productivity, Economic Equilibrium and von Neumann’s Model of General Economic Equilibrium
Dr. Ordean Olson

Abstract
This study examines the reliability of the von Neumann Model of General Economic Equilibrium to determine economic equilibrium in economic systems. The findings show that the model is of considerable interest to economists as well as mathematicians, because it deals with many areas of economics such as productive processes and scales of production. Most importantly the model demonstrates the mechanism which determines the interest rate and the rate of expansion of the whole economy at the equilibrium state.This will allow for the application and calculation of the process to determine economic equilibrium in economic systems. This will be presented as a graphic presentation and solution.

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