economic model Meaning in the Cambridge English Dictionary

Meaning of “economic model” in the English Dictionary

"economic model" in Business English

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economic modelnoun [C]

uk   us   ECONOMICS
one particular way of ​organizing an ​economy: Going ​forward, the American ​economicmodel should not be ​abandoned, as some ​advocate.
a ​theory used for ​calculating the ​effect of something on an ​economy: Ernst & Young's ITEM Club, which uses the Treasury's ​economicmodel, says UK ​GDP will ​grow by 3.5% this ​year.
(Definition of economic model from the Cambridge Business English Dictionary © Cambridge University Press)
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“economic model” in Business English

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