Hands-on training in Computable General Equilibrium (CGE) Modelling I
PhD course is given in collaboration with Department of Forest Economics, Swedish University of Agricultural Science, and the Centre for Environmental and Resource Economics (CERE).
Syllabus approved:
2015-05-22
Subjects:
Economics
Marking scale:
Pass / Fail
The requirements for attaining different grades are described in the course assessment criteria which are contained in a supplement to the course syllabus. Current information on assessment criteria shall be made available at the start of the course.
Prerequisites:
The course is specifically aimed at PhD students within the field of economics. Knowledge in microeconomics and mathematics is assumed. Knowledge of modelling languages is not required. Good knowledge in English is vital to be able to follow the course.
Learning objectives:
The course will introduce all the basic tools for constructing and implementing large-scale applied general equilibrium models for policy analysis. By the end of the course the participants will have acquired detailed knowledge of and extensive hands-on experience in:
- the structure of open economy general equilibrium models,
- formulating a CGE model as a mixed complementarity problem (MCP),
- the concept of the social accounting matrix (SAM),
- calibrating a CGE model,
- formulating scenarios and running policy simulations,
- linking GAMS with other tools for reading data and reporting results
Content
The course uses a practical and very intensive approach to model building. The participants will build computable general equilibrium models step-by-step with guidance from the instructors: including both simple and complex structures. The participants will acquire extensive practical hands-on experience in building a complex CGE model under the MCP format. This will allow them to easily implement the first version of their own model.
Implementation
Scheduled activities Hours Compulsory
- Lectures approx. 15 Yes
- Hands-on session approx. 15 Yes
- Independent work 34
Total approx. 64
Requirements for examination:
Attended lectures and hands-on sessions as well as pass a short exam at the end of the course.
Other information
The Department reserves the right to cancel the course if there are not more than 5 students who have applied for the course. There is no tuition fee. The student is responsible for any housing and travel costs.
Location
Umeå
Application and further information
PFS125
Course period: 2015-12-14 -- 2016-01-08
Lectures offered between 14 December and 18 December
Place: Umeå
Number of Credits: 2.5 ECTS
Further information on the course, please contact the course leader:
PhD Örjan Furtenback Department of Forest Economics, Swedish University of Agricultural Sciences, S-901 87 Umeå, Sweden.
Further information on application, please contact
Camilla Widmark
Deadline for application:
November 14, 2015
Apply electronically here.