In economics, a location model or spatial model refers to any monopolistic competition model that demonstrates consumer preference for particular brands...

In economics, an input–output model is a quantitative economic model that represents the interdependencies between different sectors of a national economy...

spatial structure and the location of households and firms (Quigley 2008). Historically, much like economics generally, urban economics was influenced by multiple...

Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as...

The gravity model of international trade in international economics is a model that, in its traditional form, predicts bilateral trade flows based on the...

In economics, discrete choice models, or qualitative choice models, describe, explain, and predict choices between two or more discrete alternatives,...

Managerial economics is a branch of economics involving the application of economic methods in the organizational decision-making process. Economics is the...

In economics, a network effect (also called network externality or demand-side economies of scale) is the phenomenon by which the value or utility a user...

specifically, a decision maker in a model of some aspect of the economy. agricultural economics An applied field of economics concerned with the application...

The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell...

Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied...

Bertrand competition is a model of competition used in economics, named after Joseph Louis François Bertrand (1822–1900). It describes interactions among...

model, or Hicks–Hansen model, is a two-dimensional macroeconomic model which is used as a pedagogical tool in macroeconomic teaching. The IS–LM model...

its price, which is a major topic of study of economics and has given rise to several theories and models concerning the basic market forces of supply...

design of product they make, known as a model, model variant, or model number (often abbreviated as MN, M/N or model no., and sometimes as M- or Mk). For...

the recipients of the 2022 Nobel Prize in Economics for their work on the Diamond-Dybvig model. The model, published in 1983 by Douglas W. Diamond of...

Heckscher-Ohlin (H-O) model, developed by Swedish economists Eli Heckscher and Bertil Ohlin from the Stockholm School of Economics. The H-O model advances international...

demand-supply equation of a good model. However, the theory works well in situations meeting these assumptions. Mainstream economics does not assume a priori...

Dixit–Stiglitz model is a model of monopolistic competition developed by Avinash Dixit and Joseph Stiglitz (1977). It has been used in many fields of economics including...

replaced by the Third Five Year Plan in 1961. Harrod–Domar model Economic growth Development economics Mahalanobis Indian Economy Five-year plans of India Feldman...

Comparative advantage in an economic model is the advantage over others in producing a particular good. A good can be produced at a lower relative opportunity...

Industrial organization Input–output model Microeconomics Macroeconomics Operations research Resource economics Energy economics also draws heavily on results...

Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what...

In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and...

Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that...

of economics that focuses on production is called production theory, and it is closely related to the consumption(or consumer) theory of economics. The...

Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus...

The Generalized Additive Model for Location, Scale and Shape (GAMLSS) is an approach to statistical modelling and learning. GAMLSS is a modern distribution-based...

autoregressive model by allowing for multivariate time series. VAR models are often used in economics and the natural sciences. Like the autoregressive model, each...

neoclassical economics to model prices for a whole economy was made by Léon Walras. Walras' Elements of Pure Economics provides a succession of models, each...