Model (macroeconomics)
A model in macroeconomics is designed to simulate the operation of a national or international economy in terms of factors including the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behavior of prices.
External links
- University of Melbourne - The Simulation of MacroEconometric Models
- FAIRMODEL - US models to download
- Classical & Keynesian AD-AS Model - An on-line, interactive model of the Canadian Economy by Elmer G. Wiens.
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