Economic Model: Demystifying Economics, Mastering the Art of Economic Models

One Billion Knowledgeable · AI-narrated by Mason (from Google)
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5 hr 34 min
Unabridged
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AI-narrated
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About this audiobook

What is Economic 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.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Economic model


Chapter 2: Econometrics


Chapter 3: Macroeconomics


Chapter 4: Mathematical model


Chapter 5: Neoclassical economics


Chapter 6: Rational expectations


Chapter 7: Index of economics articles


Chapter 8: Lucas critique


Chapter 9: Macroeconomic model


Chapter 10: Bellman equation


Chapter 11: Econometric model


Chapter 12: Lars Peter Hansen


Chapter 13: Applied economics


Chapter 14: Economics education


Chapter 15: Qualitative economics


Chapter 16: Dynamic stochastic general equilibrium


Chapter 17: Mathematical economics


Chapter 18: Real business-cycle theory


Chapter 19: Mathematical finance


Chapter 20: Criticisms of econometrics


Chapter 21: Causal inference


(II) Answering the public top questions about economic model.


(III) Real world examples for the usage of economic model in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economic Model.

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