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About EconomymodelsNo, we are not an inexpensive model agency, nor do we sell cheap cars. Economymodels.com is dedicated to making models of the economy. We have set out on a quest to change the way the economy is modeled. The science of economics is like no other science. There are so much data available, and yet it is so hard to use that data to make reliable predictions of what the future has in store. The advent of computers has not improved the situation much. The fact is, the best forecasts are still made by the human brain. The human brain works well with limited information and complex interrelationships. The economy is non-linear and has what is called sensitive dependence on initial conditions. Together, these two properties makes the economy chaotic. In a chaotic system it is impossible to make precise long term forecasts. However, it is often possible to make some statements of the future, even in the long term. The economy has one additional property that is different from most other chaotic systems - it is extremely complex. Most chaotic systems that are studied are relatively simple. Read more about our approach to modeling. Economymodels.com is operated by Ampfield AB, founded in 1992 and incorporated in Stockholm, Sweden. Ampfield develops software for the financial community and for wireless telecommunication. |
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