Economic Models And Their Use Case In Crypto Trading
Introduction
Systematic study of any field of study demands neat classification of the subject into meaningful branches. Economics is a challenging subject for anyone to understand. Similarly, the economy of a country is a tough thing but if it is split into models, its details become easier to grasp. Once we understand what economic models are, and why they are used by leading analysts around the world, we can get an idea how important they actually are for blockchain networks and cryptocurrencies.
An Economic Model
An economic model is like a map that shows how different components like jobs, inflation and prices are interconnected and what path the economy is expected to take in the near future. We can get…
