Refers to economic models of microeconomic behavior in multiple markets of one or more economies, solved computationally for equilibrium values or changes due to specified policies. ...
http://www-personal.umich.edu/~alandear/glossary/c.html
An integrated system of equations (or general equilibrium model), derived from economic theory of the behavior of all economic agents, whose simultaneous solution uses a numerical database to determine values of the endogenous variables. ...
http://www.rri.wvu.edu/WebBook/Schreiner/glossary.htm
Computable general equilibrium (CGE) models are a class of economic model that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. ...
http://en.wikipedia.org/wiki/Computable general equilibrium