Types and principles of economic models’ construction Prepared by: Leonova Elizaveta Nikolaychik Anastasia Sarosek Julia Outline Basic principles of economic and mathematical models’ construction Economic models Basic principles of economic and mathematical models’ construction 1. The principle of sufficiency of the information used 2. 3. The principle of information invariance The principle of continuity 4. The principle of effective realizability Economic models Theoretical Static Empirical Dynamic Stochastic Deterministic THANK YOU FOR YOUR ATTENTION