Theoretical models

Theoretical models are conceptual frameworks used to understand complex phenomena by simplifying them into more manageable parts. They help researchers and scientists explain, predict, or control certain aspects of reality. For instance, in physics, models like the atomic theory represent how atoms behave, while in economics, supply and demand curves illustrate market dynamics. Though they may not capture every detail of reality, these models are essential tools for exploring ideas, testing hypotheses, and guiding decision-making across various fields. They evolve as new observations and information emerge, ensuring our understanding continues to grow.