"The use of simple models to explain complex economic systems is pointless."

Discuss the reasons why you agree or disagree with the above statement. What evidence from outside research can you find that supports your stand? Include why economic models are used, assumptions behind economic models, the greater accuracy of more complex models, and the idea that models are often used to focus on one or two factors being studied. Also, consider the example of a model house or model airplane: these might not be "real," but can we learn anything from these models?How do these models demonstrate the connections and relationships between consumers, producers, and other sectors of the economy?