ScienceGuy

Predictive models are used to form a “credit score” that determines the probability of an application being good/bad at a future date. Different types of models are used in this context, the most common being the Regression Formulae,

This Wharton's course teaches about the fundamentals of quantitative modelling. It is beneficial because these fundamental blocks could be added to form a more complex model at a later stage to solve various business issues.

T he Real Business cycle model, as discussed in another article, does not include monetary components in its analysis.