Introduction to Computable General Equilibrium Models

Know about the book -

Introduction to Computable General Equilibrium Models is written by Mary E. Burfisher and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 1316889378 (ISBN 10) and 9781316889374 (ISBN 13).

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.