The Study of Markets and Prices- The Thermodynamics Approach-

Abstract: Many researchers have attempted to viaduct their fields with others to gain insight into their own. In the past decade or so, physicists have begun to do academic research in economics. Perhaps people are now actively involved in an emerging field often called Econophysics. The scope of this paper is to present a phenomenological analysis for Markets and prices with Thermodynamics approach The main ambition of this study is fourfold: 1) First we begin our description of a thermodynamics model of economics with the simplest example. 2) To extend the thermodynamics approach to the study of markets and prices. 3) The problem of the market equilibrium for the two markets with two items of goods. 4) Finally we constructed the economic model with the actual market at constant temperature And this paper end with conclusion