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Sir James Alexander Mirrlees was a British economist and winner of the 1996 Nobel Memorial Prize in Economic Sciences. He was knighted in the 1997 Birthday Honours.
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GEMPACK is a modeling system for CGE economic models, used at the Centre of Policy Studies (CoPS) in Melbourne, Australia, and sold to other CGE modellers.
GTAP is a global network of researchers who conduct quantitative analysis of international economic policy issues, including trade policy, climate policy, and globalization linkages to inequality and employment. The consortium produces a consistent global economic database which is widely used in the research community to study prospective international economic policy around these issues.
Computable general equilibrium (CGE) models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. CGE models are also referred to as AGE models.
In mathematical economics, applied general equilibrium (AGE) models were pioneered by Herbert Scarf at Yale University in 1967, in two papers, and a follow-up book with Terje Hansen in 1973, with the aim of empirically estimating the Arrow–Debreu model of general equilibrium theory with empirical data, to provide "“a general method for the explicit numerical solution of the neoclassical model” (Scarf with Hansen 1973: 1)
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The Faculty of Business and Economics is one of the 10 primary faculties at Monash University.
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Jeong-dong Lee is a Korean academic currently serving as the Special Advisor to the President on Economy and Science since his appointment by President Moon Jae-in in January 2019. He is a professor of Interdisciplinary Graduate Program on Technology Management, Economics and Policy (TEMEP) and the Department of Industrial Engineering at Seoul National University, Korea.
Kriengsak Chareonwongsak is a Thai scholar and politician. He established the first future studies research institute in Southeast Asia, and was a Member of Thailand's House of Representatives, was on the executive Board for the Democrat Party, and has published on both scholarly and popular topics.
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Frank Horace Hahn FBA was a British economist whose work focused on general equilibrium theory, monetary theory, Keynesian economics and critique of monetarism. A famous problem of economic theory, the conditions under which money, which is intrinsically worthless, can have a positive value in a general equilibrium, is called "Hahn's problem" after him. One of Hahn's main abiding concerns was the understanding of Keynesian (Non-Walrasian) outcomes in general equilibrium situations.
Don Patinkin was an American-born Israeli monetary economist, and the President of the Hebrew University of Jerusalem.
Huw David Dixon, born 1958, is a British economist. He has been a professor at Cardiff Business School since 2006, having previously been Head of Economics at the University of York (2003–2006) after being a professor of economics there (1992–2003), and the University of Swansea (1991–1992), a Reader at Essex University (1987–1991) and a lecturer at Birkbeck College 1983–1987.
Maureen Brunt was an Australian economist and academic who specialised in the field of competition law. She was Emeritus professor of Economics at Monash University.
Most economic models rest on a number of assumptions that are not entirely realistic. For example, agents are often assumed to have perfect information, and markets are often assumed to clear without friction. Or, the model may omit issues that are important to the question being considered, such as externalities. Any analysis of the results of an economic model must therefore consider the extent to which these results may be compromised by inaccuracies in these assumptions, and there is a growing literature debunking economics and economic models.
Australian governments, both those of the colonies after the introduction of responsible government in the 1850s and the national government since federation in 1901, have had the power to fix and change tariff rates. This power resides in the respective legislatures, with tariffs, being a tax law, is required to originate in the lower house of the legislature.
References
- 1 2 3 "Prof. Peter Bishop Dixon" . Who's Who in Australia (online). Crown Content.
- ↑ "Peter Dixon", The Conversation
- ↑ "Professor Peter B. Dixon". Victoria University . Retrieved 10 April 2022.
- 1 2 "Johansen's contribution to CGE modelling: originator and guiding light for 50 years" by Peter B. Dixon and Maureen T. Rimmer, Centre of Policy Studies, Monash University, May 2010, ISSN 1031-9034, ISBN 978 1 921654 10 7
- ↑ "2015 Reflections" by Alan Powell, Academy of the Social Sciences in Australia
- ↑ "Professor Peter Bishop Dixon – Centenary Medal", 1 January 2001: "For services to Australian society through business and economics"
- ↑ "Professor Peter Bishop Dixon – Officer of the Order of Australia", 9 June 2014: "For distinguished service to education in the field of applied economics as an academic, researcher and author, through significant contributions to policy analysis and modelling."
