# Small, medium and large economy

**URL:** <https://forum.dynare.org/t/small-medium-and-large-economy/18579>\
**Category:** General DSGE Modeling\
**Created:** [25 July 2021 14:06 UTC](https://forum.dynare.org/t/small-medium-and-large-economy/18579 "2021-07-25T14:06:43Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![miharbi](https://forum.dynare.org/user_avatar/forum.dynare.org/miharbi/32/8270_2.png) [@miharbi](https://forum.dynare.org/u/miharbi)\
**Post date:** [25 July 2021 14:06 UTC](https://forum.dynare.org/t/small-medium-and-large-economy/18579/1 "2021-07-25T14:06:43Z")

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Hi everyone, I hope you are well  
What’s the difference between a small, medium and large economy with examples, please?

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**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\
**Post date:** [25 July 2021 15:21 UTC](https://forum.dynare.org/t/small-medium-and-large-economy/18579/2 "2021-07-25T15:21:32Z")

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> [@Large scale versus small scale DSGE models](https://forum.dynare.org/t/large-scale-versus-small-scale-dsge-models/15823/2):
>
> It’s about the number of equations/features in the model. There is no consensus here and it shifts over time. Larger model are becoming the norm.

The main difference between small and large often is whether capital is present.

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**Author:** ![miharbi](https://forum.dynare.org/user_avatar/forum.dynare.org/miharbi/32/8270_2.png) [@miharbi](https://forum.dynare.org/u/miharbi)\
**Post date:** [25 July 2021 22:52 UTC](https://forum.dynare.org/t/small-medium-and-large-economy/18579/3 "2021-07-25T22:52:09Z")

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Thanks @jpfeifer  
The topic is interesting. I hope to enrich it more