Why do economists use economic models?
A) to construct simplifying assumptions about real world economics
B) to explain economic reality in all its complexity
C) to explain and predict economic events
D) to construct economic situations where controlled experiments can be carried out

Question

Why do economists use economic models?  
A) to construct simplifying assumptions about real world economics 
B) to explain economic reality in all its complexity 
C) to explain and predict economic events 
D) to construct economic situations where controlled experiments can be carried out

Quizplus · Accepted Answer

The Answer of Why do economists use economic models?  
A) to construct simplifying assumptions about real world economics 
B) to explain economic reality in all its complexity 
C) to explain and predict economic events 
D) to construct economic situations where controlled experiments can be carried out

Why Do Economists Use Economic Models