Ashley's Economic Modelling Course
Learn how to read and orient to any microeconomics model. You will also be able to build your own models. In a single weekend, you can gain the skills to understand to any model in a microeconomics theory textbook.
Endogenous and Exogenous Variables
Instructions for Endogenous & Exogenous Variable Quiz
PDF: Worksheet for Endogenous & Exogenous Variable Quiz
Quiz: Identifying Endogenous and Exogenous Variables
Comparing choice variable roles: x vs. x*
1st and 2nd Rules of Modelling
Quiz: 1st and 2nd Rules of Modeling
Classic Grades Example
Piano Lessons Example
Calling Parents Example
Clutter Example
Advertising
Quiz: Variable Names and Intuition
Constraints in Modelling
Quiz: Constraints
Modelling Rule 3: The Benefit-Cost Rule
Modelling Rule 4: The +/- Sign Rule
Modelling Rule 5: The Perspective Rule
Checklist for First Five Rules of Modelling
Quiz: First 5 Rules of Modelling