The Modified Palomba Economic Model by Difference Equations and its Stability Analysis

In this study, Palomba economic model was analyzed through difference equations. For these products given as capital and consumer goods in the model, their non-marketable loss rates were also taken into account. Tirivial non-tirivial equilibrium points found local asymptotic stability (LAS) conditions of investigated. Although non-trivial point is always unstable, for trivial found. way, addition to thought put forward by Palomba, absence periodicity expressed too. The findings supported numerical studies.