International Monetary Fund1 年
Economic Models: Simulations of Reality
The standard model of supply and demand taught in introductory economics is a good example of a useful economic model. Its basic purpose is to explain and analyze prices and quantities traded in a ...
International Monetary Fund2 年
What Are Economic Models?
The standard model of supply and demand taught in introductory economics is a good example of a useful economic model. Its basic purpose is to explain and analyze prices and quantities traded in a ...