economic model
simplified representations of economic reality
Chen model
economics model
Cobweb model
Explanatory approach for market price oscillation in markets around market equilibrium
dynamic stochastic general equilibrium
macroeconomic method applying general equilibrium theory and microeconomic principles to postulate economic phenomena, e.g. economic growth, business cycles, policy effects or market shocks
Stock-Flow consistent model
in economics
Porter five forces analysis
framework to analyse level of competition within an industry
Goodwin model
model of endogenous economic fluctuations
Uppsala model
theory of internationalization of enterprises
macroeconomic model
analytical tool designed to describe the operation of the economy of a country or a region
economic unit
economics term; economically independent decision maker, such as a private household or a company
econometric models
statistical models used in econometrics
rare disaster
infrequent economic event with large negative effects, whose possibility is used to explain various economic phenomena
IS/LM model
Islm
social welfare model
form of social welfare
Lange model
neoclassical economic model for a hypothetical socialist economy
East Asian model
economic system
ADAM
Danish economic model
Coate-Loury model
model of affirmative action
dual-sector model
model in developmental economics
Anglo-Saxon model
economic model of capitalism
three-sector model
economic theory which divides economies into three sectors (primary, secondary, tertiary)
Rhine capitalism
economic model
Bertrand competition
when firms set prices exceeding their marginal cost and their customers choose quantities at those prices, so that each firm maximise their profits by undercutting competitors' prices
Lindahl tax
economic concept proposed by Erik Lindahl
overlapping generations model
economic model
input-output model
quantitative economic model that represents the interdependencies between different sectors of a national economy or different regional economies
Fisher market
idealized model of a market attributed to Irving Fisher
Doughnut
economic model used to measure the performance of an economy by the extent to which the needs of people are met without overshooting Earth's ecological ceiling
Neoclassical growth model
model of long-run economic growth
Dividend discount model
method of valuing a company's stock price
Computable general equilibrium
class of economic models
Classical general equilibrium model
economic model
Rubinstein bargaining model
model of a class of bargaining games that feature alternating offers through an infinite time horizon
Ricardian model
economic model
Gravity model of trade
bilateral trade flow model
New trade theory
economic models in international trade focusing on increasing returns to scale and network effects, developed in the late 1970s/early 1980s