MODELING OF MINERAL RESOURCE EXTRACTION DYNAMIC IN REGION: ECONOPHYSICAL APPROACH
In accordance with econophysical approach we discuss the nonlinear patterns of non-renewable resources consuming. On the analogy of the population interaction models we developed a model of the employed population dynamics and mineral resource extraction in region. The model is verified according to the data about coal mining in the Jewish Autonomous Region.
Keywords: mathematical model, mineral resources, differential equations, bifurcation diagram, phase portrait, mining industry.