Introduction to Computable General Equilibrium Models

The book provides a hands-on introduction to computable general equilibrium (CGE) models, with a graphical treatment of economic theory and guided CGE modeling exercises. Written at an advanced undergraduate level, the book is suitable for both students and professionals who want to gain skills as producers or consumers of CGE-based economic 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.