This advanced textbook provides a straightforward but comprehensive introduction to applied general equilibrium modeling. General equilibrium is the backbone of modern economic analysis, which is why generation after generation of economics students have been introduced to it. As an analytical...

Foreword -- 1 Introduction -- 2 An Overview of General Equilibrium Theory -- 3 A simple General Equilibrium Model -- 4 A General Equilibrium Model with a Government Sector -- 5 Further Extension of the Model: External Sector, Labor Market and Consumption Technology -- 6 Data Base and Model...

General Framework: Policy Making as a Problem with Multiple Criteria -- Economic Policy Using Applied General Equilibrium Models: An Overview -- Basic Aspects of the Multiple Criteria Decision Making Paradigm -- Multicriteria Economic Policies: General Ideas and Some Previous Experiences --...