7 Common Modelling Mistakes

This video explains 7 common mistakes students make when building their first economic models.
Link to my course on microeconomic modelling: ashley-s-site-9d78.thinkific....

[@UzmaKys]

13 year old here,when i saw macroeconomic research paper i freaked out and almost quit,but if you can teach a 13 year old then wow your skills are amazing

[@stevenfeldstein6224]

Agree with GG GG GG above. I’d love to see videos on building models from scratch and videos that go through models from economic papers explaining how they were developed. Thank you for all your videos!

[@StephanieHughesDesign]

Good videos. I notice you focus on Micro and Behavioral Econ. and not Macro or Econometrics as well? Any reason? I would like to see modeling also with regard to Macroeconomics and Econometrics.

[@nitismukhiya]

Ashley, can you help me that how to put irrationality of economic agents in a model?

[@AshleyHodgson]

This is exactly what the field of Behavioral Economics is all about. Here is a playlist, but if you want a textbook, I like An Introduction to Behavioral Economics by Nick Wilkinson & Matthias Klaus. Playlist: kzbin.info/www/bejne/hXXChoptfM2nd68

[@nitismukhiya]

@@AshleyHodgson thanks 🥰

[@62294838]

Plz would be nice if u can demonstrate a few examples of modelling using daily lives. 🥺🥺

[@AshleyHodgson]

That's a great idea! I can't believe I haven't done this so far. Here is the closest I have at the moment, but I'll try to get some more every-day modelling examples up in the next month or so. kzbin.info/www/bejne/sJ_XmaOoYt9noM0&ab_channel=AshleyHodgson