Introduction to Computable General Equilibrium Models I. B. Pranaitis winner of the Los Angeles

winner of the Los Angeles Times Book Prize

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Mohandas Gandhi

Introduction to Computable General Equilibrium Models I. B. Pranaitis winner of the Los AngelesComputable 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