Template-Type: ReDIF-Paper 1.0
Author-Name: Amy Peng
Author-X-Name-First: Amy
Author-X-Name-Last: Peng
Author-Email: apeng@economics.ryerson.ca 
Author-Workplace-Name: Department of Economics, Ryerson University, Toronto, Canada
Title: Introducing CGE Models to the Classroom Using EXCEL
Abstract: This paper demonstrates how simple general equilibrium models can be solved with the help
of Microsoft Excel. Two different general equilibrium models for tax incidence analysis are
used as illustrative examples. The methods presented here are intended to be beneficial to
both students and teachers working with general equilibrium theory in the classroom and
can easily be extended to various policy analysis term projects. The techniques presented
here are simple and effective tools for inclusion in any student’s toolkit.
Classification-JEL: A22, A23, C61, D58
Keywords: Excel, Solver, General Equilibrium, Optimization, Newton’s Method
Length: 39 pages
Creation-Date: 2009-11
Number: 013
File-URL: http://economics.ryerson.ca/workingpapers/wp013.pdf
File-Format: Application/pdf
Handle: RePEc:rye:wpaper:wp013