I&#x27;ve recently been trying to understand economics, but I have very little grasp of the general ideas.<p>I&#x27;ve come across this:
http:&#x2F;&#x2F;nbviewer.jupyter.org&#x2F;url&#x2F;norvig.com&#x2F;ipython&#x2F;Economics.ipynb<p>Why this simulations here are far from reality, they notebook does a very good job of explaining an idea using a simple model. Are there similar approaches for other economic ideas?<p>I&#x27;m aware that understanding the economy as a whole is well beyond the grasp of simple models like this, but I&#x27;m curious just how far it is possible to get using simple models.<p>Most economic text books I&#x27;ve looked at either take a too wordy approach to descriptions, or a far too detailed mathematical approach.
Ask HN: How to understand economics