👉 Simpling is a mathematical technique used in economics, finance, and other fields to model economic systems or financial markets. It involves creating an abstract representation of a system's dynamics by representing it as a graph that can be manipulated using computer algorithms. In simplifying, one aims to find the optimal solution for a given problem, where the goal is to minimize or maximize some objective function. The method involves identifying the best structure and relationships between variables in the model, which are then used to solve the problem