Background: For better understanding the insights of economic activities, IT is smart enough than any other alternative and more powerful tool to calculate the linking relations of social dilemma in the physical world, where every moment people are working, creating new things for humanities. In the world, most of economic, technological, environmental, scientific researches and induce innovations go into separate policy options at business and government mechanism such as:
- Eliminating poverty by maximum utilization of capacity.
- Development for higher economic growth or sustainability.
The current study shows, some important draw-backs in most of researchers process management, for example investing more time and money for regenerating or collecting the similar data, unclear research histories and inadequate ideas are leading to improper solutions, particularly in developing nation are facing the painfully economic questions.
For quickly removing the steady weakness, we need to adapt the new philosophy for sustainable development. The 'New (Matrix) Method of Economic Analysis' has offered an application solutions which can decrease the spreading the number of errors from researches and its services.
Objectives: The following broad objectives:
- The first objective is to create the application solutions for any kind of economic, technological, environmental and scientific researches.
- The second objective is to introduce the 'New (Matrix) Method of Economic Analysis' for senior level management, policy makers, engineers, sociologists, economists, researchers and others so that they can get great help for important economic decisions.
Application: The 'New (Matrix) Method of Economic Analysis' can create a revolutionary method for driving new application in 'Economic Analysis' in research organizations, universities and others.