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Introduction to Computable General Equilibrium Models

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  • Burfisher,Mary E.

Abstract

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.

Suggested Citation

  • Burfisher,Mary E., 2021. "Introduction to Computable General Equilibrium Models," Cambridge Books, Cambridge University Press, number 9781108748025, Enero-Abr.
    • Handle: RePEc:cup:cbooks:9781108748025
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