Economic Models

noun a printed or written advertisement, letter, or document distributed to a large number of people

adjective relating to or forming a circle; round in shape

• The circular motion of the planets around the sun is a key aspect of our solar system.
• Can you pass me that circular plate over there?
• I love wearing my circular shades when I go to the beach.
• The circular nature of life's ups and downs is both frustrating and fascinating.

noun a statement that the values of two mathematical expressions are equal (indicated by the sign =)

• The mathematician solved the complex equation using advanced algorithms.
• I struggled with the equation, but eventually figured it out.
• I totally aced that equation on the test.
• Finding a solution to the problem felt like solving a difficult equation.

noun a special activity or purpose of a person or thing

verb to work or operate in a proper or particular way

• The main function of the heart is to pump blood throughout the body.
• I'm not sure what the function of this new app is, but I'll find out soon.
• I don't get what the function of this gadget is, it's so confusing.
• In this company, teamwork is the function that keeps everything running smoothly.

noun a simplified description, especially a mathematical one, of a system or process, to assist calculations and predictions

verb to create a representation or simulation of something in order to analyze or explain it

• The architect presented a detailed model of the new building design.
• She showed me a mini model of the car she wants to buy.
• Check out this sick model of the latest sneaker release!
• The teacher serves as a model of dedication and hard work for her students.

noun a supposition or a system of ideas intended to explain something, especially one based on general principles independent of the thing to be explained

• The scientist proposed a new theory to explain the phenomenon.
• I have a theory about why she always arrives late.
• I heard this crazy theory about aliens living among us.
• In theory, this plan should work perfectly, but in reality, it might not.

noun a branch of mathematics that deals with integrals, including the determination of areas, volumes, and lengths

• The study of rates of change and accumulation through integration is known as integral calculus.
• I have a love-hate relationship with integral calculus; it's challenging but rewarding.
• Integral calculus is no joke, but once you get the hang of it, it's smooth sailing.
• Mastering integral calculus is like unlocking a whole new level of understanding in mathematics.

noun a branch of mathematics that deals with the rates at which quantities change

• Differential calculus is a branch of mathematics that deals with the study of rates at which quantities change.
• I struggled with differential calculus because it involved a lot of complicated equations.
• Differential calculus is like trying to figure out how fast things are changing in math.
• Mastering differential calculus is like unlocking the secrets of how things evolve and transform in the world of mathematics.

noun a mathematical concept used in calculus to find the antiderivative of a function

adjective describing the type of integral that does not have specified limits of integration

• The process of finding the indefinite integral of a function involves finding the antiderivative of that function.
• When you're looking for the indefinite integral of a function, you're basically trying to find the original function that it came from.
• Dude, I spent hours trying to crack that indefinite integral problem.
• Finding the indefinite integral is like unraveling a mystery to reveal the hidden function within.

noun a type of economic model that focuses on achieving a balance between social needs and environmental limits

• Doughnut economics is a theory that aims to create a sustainable economic system that meets the needs of all people within the means of the planet.
• Have you heard about doughnut economics? It's a cool concept that focuses on balancing social and environmental factors in economics.
• Doughnut economics is all about finding the sweet spot between economic growth and environmental sustainability.
• In the world of economics, the doughnut represents the balance between social equality and environmental protection.