IDNStudy.com, kung saan ang mga eksperto ay sumasagot sa iyong mga tanong. Magtanong ng anumang bagay at makatanggap ng detalyadong sagot mula sa aming komunidad ng mga eksperto.

What are Economic Model


Sagot :

Answer:

  • In economics, a 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.