GE:General Equilibrium Modeling
Some tools for developing general equilibrium models and some general equilibrium models. These models can be used for
teaching economic theory and are built by the methods of new
structural economics (see LI Wu, 2019, ISBN: 9787521804225,
General Equilibrium and Structural Dynamics: Perspectives of
New Structural Economics. Beijing: Economic Science Press). The
model form and mathematical methods can be traced back to J.
von Neumann (1945, A Model of General Economic Equilibrium. The
Review of Economic Studies, 13. pp. 1-9), J. G. Kemeny, O.
Morgenstern and G. L. Thompson (1956, A Generalization of the
von Neumann Model of an Expanding Economy, Econometrica, 24,
pp. 115-135) et al. By the way, J. G. Kemeny is a co-inventor
of the computer language BASIC.
