economic model
Sign in to saveAlso known as economic models, economy model, economy models, Models, Economic
simplified representations of economic reality
Research
118,112 papers- Developing a fall prevention intervention economic model.PloS one · 2023
- An Economic Model for Estimating Trial Costs with an Application to Placebo Surgery Trials.Applied health economics and health policy · 2023
- An epidemic-economic model for COVID-19.Mathematical biosciences and engineering : MBE · 2022
- The burden of osteoporosis in Turkey: a scorecard and economic model.Archives of osteoporosis · 2020
- Economic Model Predictive Control for optimal struvite recovery.Journal of environmental management · 2021
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- Commons category
- Economic models
- P8168
- Degracias
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Article
A diagram of the IS/LM model
An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. A model may have various exogenous variables, and those variables may change to create various responses by economic variables. Methodological uses of models include investigation, theorizing, and fitting theories to the world.