Introduction to Computable General Equilibrium Models

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.

Author: Mary E. Burfisher
Publisher: Cambridge University Press
Published: 01/07/2021
Pages: 500
Binding Type: Paperback
Weight: 1.89lbs
Size: 10.00h x 7.00w x 1.01d
ISBN13: 9781108748025
ISBN10: 1108748023
BISAC Categories:
- Business & Economics | Econometrics
- Business & Economics | Economics | Microeconomics
- Business & Economics | Economics | Macroeconomics