Economic modeling is a quantitative evaluation commonly used for both asset pricing or preferred company finance. It's miles the manner wherein a organization’s fees and profits are considered (typically into spreadsheets) to expect the impact of these days’s choices in the destiny.
The economic model also seems to be a totally impactful tool for the subsequent obligations:
Estimate the valuation of any enterprise
Evaluate competition
Strategic planning
Trying out unique eventualities
Price range planning and allocation
Degree the impacts of any changes in monetary guidelines