Introduction to Computable General Equilibrium Models

By Mary E. Burfisher

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 1108748023
• ISBN13: 9781108748025
• Release Date: January 2021
• Publisher: Cambridge University Press
• Length: 500 Pages
• Weight: 1.89 lbs.
• Dimensions: 1.0" x 7.0" x 10.0"