lectur2-page35 - During this course we will be building and...

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Did you ever put together a model airplane or car? Did you ever play with dolls? A toy firearm or knife? An “Easy-Bake Oven?” All are simplified versions of the real thing that you may have played with, and were part of your informal childhood education. Economics uses models as well, and we will “play” with them too.
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Unformatted text preview: During this course we will be building and using “economic models.” These models will be in the form of graphs, relational graphics, and mathematical representations of theories that will attempt to explain and predict economic outcomes outcomes. 35...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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