This video walks you through the process for building a microeconomic model from scratch. There are five main steps. Before you can do this, you need to know the basic parts of a microeconomic model. Links to videos on the parts of an economic model:
Parts (basic): [ Ссылка ]
Endogenous & exogenous variables: [ Ссылка ]
Parts (another version): [ Ссылка ]
Link to my course on microeconomic modelling: [ Ссылка ]
