equilibrium model
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Classical general equilibrium model — The classical general equilibrium model aims to describe the economy by aggregating the behavior of individuals and firms. Note that the classical general equilibrium model is unrelated to classical economics, and was instead developed within… … Wikipedia
Equilibrium unfolding — In biochemistry, equilibrium unfolding is the process of unfolding a protein or RNA molecule by gradually changing its solution conditions, i.e., its environment. Since equilibrium is maintained at all steps, the process is reversible… … Wikipedia
Model (macroeconomics) — A model in macroeconomics is a logical, mathematical, and/or computational framework designed to describe the operation of a national or regional economy, and especially the dynamics of aggregate quantities such as the total amount of goods and… … Wikipedia
Model photosphere — Some essential steps in model atmosphere analysis for determining stellar abundances (Figure by Bengt Gustafsson, Astronomical Observatory, Uppsala). The photosphere denotes those solar or stellar surface layers from which optical radiation… … Wikipedia
model — 1. A representation of something, often idealized or modified to make it conceptually easier to understand. 2. Something to be imitated. 3. In dentistry, a cast. 4. A mathematical representation of a particular phenomenon. 5. An animal that is… … Medical dictionary
equilibrium market price of risk — The slope of the capital market line ( CML). Since the CML represents the expected return offered to compensate for a perceived level of risk, each point on the line is a balanced market condition, or equilibrium. The slope of the line determines … Financial and business terms
General equilibrium — theory is a branch of theoretical microeconomics. It seeks to explain the behavior of supply, demand and prices in a whole economy with several or many markets. It is often assumed that agents are price takers and in that setting two common… … Wikipedia
IS/LM model — The IS curve moves to the right, causing higher interest rates (i) and expansion in the real economy (real GDP, or Y). The IS/LM model (Investment Saving/Liquidity preference Money supply) is a macroeconomic tool that demonstrates the… … Wikipedia
Economic model — A diagram of the IS/LM model In economics, a model is a theoretical construct that represents economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified… … Wikipedia
Applied general equilibrium — (AGE) models were pioneered by Herbert Scarf at Yale University in 1967, in two papers, and a follow up book with Terje Hansen in 1973, with the aim of empirically estimating the Arrow Debreu General equilibrium model with empirical data, to… … Wikipedia
ICES Intertemporal Computable Equilibrium System — affects regional and world economies. The model has been developed at the Climate Change Modelling and Policy Research Programme of the Fondazione Eni Enrico Mattei – FEEM, a research institution in the field of sustainable development.… … Wikipedia
