Introduction to Computable General Equilibrium Models
Business & Finance, Economics, Econometrics, Nonfiction, Science & Nature, Mathematics
| Author: | Mary E. Burfisher | ISBN: | 9781316889046 |
| Publisher: | Cambridge University Press | Publication: | February 1, 2017 |
| Imprint: | Cambridge University Press | Language: | English |
| Author: | Mary E. Burfisher |
| ISBN: | 9781316889046 |
| Publisher: | Cambridge University Press |
| Publication: | February 1, 2017 |
| Imprint: | Cambridge University Press |
| Language: | English |
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.
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.
