The article considers and generalizes using evolutionary models of economics on the AGMEMOD model example - a partial equilibrium, dynamic, multi-country and multi-market model that is used for analyzing the effects of agricultural policies on the respective sectors of each EU Member State and the EU as a whole. The use of the AGMEMOD model were illustrated on the ex-ample of designed specific scenarios of the development of the biofuel market in Ukraine till 2030. The practical application of the development is the possibility of using the research results by the relevant state institutions to stimulate the development of the biofuel market in Ukraine. The simulation example described in this paper can also be used by scientists from other countries to predict the impact of agricultural policy on the economy.