Mary E. Burfisher, Introduction to Computable General Equilibrium Models, Second Edition

This book serves a niche audience by covering a topic in a way other textbooks on Computable General Equilibrium (CGE) models do not: by providing a thorough and well-rounded entry-level presentation. A CGE model is a system of equations that describes an economy as a whole and the interactions among its parts. It is based on equations derived directly from economic theory that will look familiar to micro- and macroeconomics students. All of the equations in the model are solved simultaneous...