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Advanced Computational Macroeconomics & Policy Simulation with Python [#1015504]
Advanced Computational Macroeconomics & Policy Simulation with Python: Building Dynamic Macroeconomic Models for Forecasting and Strategic Decision-Making ... Economics & Python Series Book) by Oliver J. Thatch, Hayden Van Der Post, Alice Schwartz
English | December 11, 2025 | ISBN: N/A | ASIN: B0G66T4VG7 | 523 pages | EPUB | 0.62 Mb
Reactive Publishing
Advanced Computational Macroeconomics & Policy Simulation with Python delivers a comprehensive, code-driven exploration of modern macroeconomic modeling. This volume moves beyond textbook theory to equip readers with the practical tools required to build, simulate, and analyze complex economic systems using Python.
Structured for graduate students, researchers, quantitative analysts, and policy professionals, the book provides a full framework for constructing dynamic macroeconomic models, from foundational growth structures to fully specified DSGE systems and agent-based economies. Readers will learn how to replicate influential models, estimate their parameters, and design policy scenarios that reveal the behavior of economies under uncertainty, shocks, and alternative regimes.
Through clear explanations and in-depth Python implementations, readers will learn to:
* Build classical and endogenous growth models with computational methods
* Construct, calibrate, and simulate New Keynesian and Smets-Wouters-style DSGE models
* Develop agent-based macro simulations capturing heterogeneous households, firms, and financial sectors
* Analyze monetary policy, fiscal interventions, and trade shocks through dynamic scenario engines
* Evaluate macroeconomic stability, transmission mechanisms, and policy trade-offs
* Integrate real-world data into simulation pipelines for empirical relevance
This volume is designed to function as a practical, research-grade toolkit, giving readers the ability to experiment with macroeconomic structures, quantify policy impacts, and generate reproducible analyses suitable for academic, institutional, or professional environments.
Part of the Quantitative Economics & Python Series, this book serves as the capstone to your computational economics progression, providing the technical depth and modeling sophistication required to operate at the frontier of macroeconomic analysis.
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