Model

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Model is an abstraction of reality, a simplified representation of some real-world phenomenon.


Definitions

According to Organizational Behavior by Robbins and Judge (17th edition),

Model. An abstraction of reality, a simplified representation of some real-world phenomenon.

According to Principles of Economics by Timothy Taylor (3rd edition),

Model. A simplified representation of an object or situation that includes enough of the key features to be useful.

According to Macroeconomics by Mankiw (7th edition),

Model. A simplified representation of reality, often using diagrams or equations, that shows how variables interact.

According to the BABOK Guide (3rd edition),

Model. A representation and simplification of reality developed to convey information to a specific audience to support analysis, communication, and understanding.


Related concepts

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