Introduction to computable general equilibrium models /
Mary E. Burfisher.
- Third edition.
- 1 online resource (xxiv, 474 pages) : digital, PDF file(s).
Title from publisher's bibliographic system (viewed on 14 Dec 2020).
Computable general equilibrium (CGE) models play an important role in supporting public-policy making on such issues as trade, climate change and taxation. This significantly revised volume, keeping pace with the next-generation standard CGE model, is the only undergraduate-level introduction of its kind. The volume utilizes a graphical approach to explain the economic theory underlying a CGE model, and provides results from simple, small-scale CGE models to illustrate the links between theory and model outcomes. Its eleven hands-on exercises introduce modelling techniques that are applied to real-world economic problems. Students 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.
9781108780063 (ebook)
Computable general equilibrium models. Equilibrium (Economics)--Mathematical models.