Introduction to Computable General Equilibrium Models

Introduction to Computable General Equilibrium Models by Mary E. Burfisher


ISBN
9781107584686
Published
Binding
Paperback
Pages
442
Dimensions
178 x 253 x 22mm

This book provides an accessible, undergraduate-level introduction to computable general equilibrium (CGE) models, a class of model that has come to play an important role in government policy decisions. The book uses a graphical approach to explain the economic theory that underlies a CGE model, and provides results from simple, small-scale CGE models to illustrate the links between theory and model outcomes. The book includes eleven guided, hands-on exercises that introduce modeling techniques that are applied to real-world economic problems. Students will learn how to integrate their separate fields of economic study into a comprehensive, general equilibrium perspective as they develop their skills as producers or consumers of CGE-based analysis.
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