Looking at Economics through the Eyes of Thermodynamics

Based on Thermodynamics and its well-established First and Second Laws, this work presents and explores their economics counterparts, introducing new concepts, variables, and equations. This includes, among others, the economic counterparts of temperature, reversibility and irreversibility, and entr...

Full description

Bibliographic Details
Published in:Energies
Main Author: Vítor A. F. Costa
Format: Article
Language:English
Published: MDPI AG 2024-05-01
Subjects:
Online Access:https://www.mdpi.com/1996-1073/17/11/2478