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Economic model

Economic model

Mathematical representation of economic system.

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Share of the 533 clicks on its links

  1. IS–LM model

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  2. Parameter

    Variable used for specification.

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Share of the 645 readers arriving from another article

  1. Supply and demand

    Economic model of price determination in a market.

    24%

  2. Economics

    Social science studying goods and services.

    18%

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    System in which parties engage in transactions according to supply and demand.

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    Model of the real economy.

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  6. Microeconomics

    Behavior of individuals and firms.

    1.6%

  7. Model

    Informative representation of an entity.

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