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Models and assumptions are an important part of economics.Did this video help you understand why we use models?How can using the conclusions of the models

Models and assumptions are an important part of economics.Did this video help you understand why we use models?How can using the conclusions of the models be different from the real world?How would you explain models and assumptions to your mom or your girlfriend/boyfriend?

https://youtu.be/lYHy2XLa4u0

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