#econ
Econometrics is not real #economics #econometrics #exam #exams #econ
cairosrealest107,700 Aufrufe • vor 6 Monaten
On the foundational (unrealistic) assumptions in microeconomics and why we make them. Are these always realistic? No. But economic models aren’t necessarily trying to perfectly recreate human behaviour. These assumptions make behaviour mathematically tractable enough to analyze, derive predictions from, and test against real data. Watch till the end for the one question that tells you whether a model's result is robust or fragile. Do unrealistic assumptions make a model useless, or do they make it usable? I made this account to break down topics in economics. Follow for more. #economics #microeconomics #economicsstudent #econ #econtok
Transcend Economics14,800 Aufrufe • vor 1 Monat
Reply to @larica336 this is why I chose to be an #econ #major. Seems like it’s working out 🥳
Ken Waks!32,900 Aufrufe • vor 5 Jahren
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