Details: This poster says at the top E-Cow-Nomics. Economic Models Explained with Cows. Each example starts with the premise You have two cows. The models include Socialism, Communism, Fascism, Nazism, Bureaucratism, Traditional Capitalism, Surrealism, and Corporations from several countries.
Economics is the branch of social science that studies the production, distribution, and consumption of goods and services. In economics, a model is a theoretical construct that represents economic processes by a set of variables and a set of logical and quantitative relationships between them. As in other fields, models are simplified frameworks designed to illustrate complex processes, often but not always using mathematical techniques.