Talousmalleja
Talousmalleja, or economic models, are simplified representations of economic phenomena. They are used by economists to understand, explain, and predict economic behavior. These models can range from simple algebraic equations to complex computer simulations. The primary purpose of an economic model is to isolate specific relationships and factors to make economic systems more manageable and comprehensible.
Models are built on assumptions about how individuals, firms, and governments make decisions. These assumptions allow
The usefulness of an economic model depends on its ability to accurately reflect reality and provide useful