facility noun (PLACE). âº [C] something such as a âplace, âbuilding, or âequipment used for a âparticular âpurpose or âactivity: The new âsports facility has a âswimming âpool. (Definition of facility from the Cambridge Academic Content Dictionary Â© Cambridge University Press).acility noun (PLACE). âº [C] something such as a âplace, âbuilding, or âequipment used for a âparticular âpurpose or âactivity: The new âsports facility has a âswimming âpool. (Definition of facility from the Cambridge Academic Content Dictionary Â© Cambridge University Press).
While economists cloak their views in the aura of science, what they actually do is make assumptions about the world, use those assumptions to build imaginary economies (known as models), and from those models generate conclusions.
Population models are used to determine maximum harvest for agriculturists, to understand the dynamics of biological invasions, and for environmental conservation. Population models are also used to understand the spread of parasites, viruses, and disease. Another way populations models are useful are when species become endangered. Population models can track the fragile species and work and curb the decline. History. Late 18th-century biologists began to develop techniques in population modeling in order to understand dynamics of growing and shrinking ball populations of living organisms.