Introduction to Computable General Equilibrium Models

Introduction to Computable General Equilibrium Models
ISBN-10
1316889378
ISBN-13
9781316889374
Series
Introduction to Computable General Equilibrium Models
Category
Business & Economics
Language
English
Published
2017-02-01
Publisher
Cambridge University Press
Author
Mary E. Burfisher

Description

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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