economic model

Definition

noun
a computerised plan of a country's economic system, used for forecasting economic trends

Use economic model in a sentence

I didn't know what kid of economic model they worked under, but I was sure that it was very interesting.

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Charlie wanted to move his business to Turkmenistan, but I reminded him about the last time someone relocated their company to a country with a poor economic model.

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The economic model for China is quite interesting; the urban areas are comparable to other developed nations, while the rural regions seem to mirror that of our Appalachians.

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reduced form game theory