economic equation
C23907
concept
An economic equation is a mathematical expression that represents relationships between economic variables, such as supply and demand, costs and revenues, or income and expenditure, to analyze and predict economic behavior.
Observed surface forms (2)
| Surface form | Occurrences |
|---|---|
| economic model component | 2 |
| production function | 1 |
Instances (4)
| Instance | Via concept surface |
|---|---|
| Fisher equation | — |
| LM curve | economic model component |
| Leontief production function | production function |
| IS curve | economic model component |