Advanced Techniques in General Equilibrium Modeling with GAMS
The course will introduce all the basic tools for constructing and implementing large-scale multi-national and multi-sectoral dynamic intertemporal 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 dynamic models,
- building the database for such models,
- introducing imperfect competition in the models,
- building dynamic intertemporal models,
- introducing forward-looking expectations,
- building regional and multinational intertemporal models,
- implementing the model on the computer using the GAMS software,
- advanced features of the GAMS software,
- formulating scenarios and running policy simulations,
- reporting and interpreting the results.
The course uses a practical and very intensive approach to model building. The participants will actually build the model step-by-step with guidance from the instructors: from small to large scale and from simple to complex structure. The participants will acquire extensive practical hands-on experience in building a complex, large-scale model. This will allow them to easily implement the first version of their own model using the GAMS codes of EcoMod.
The fee for the course is US$3,425. This includes course materials (including a free course license of GAMS for two months), lectures, computer labs, morning and afternoon coffee breaks, receptions.
University students and staff get a discount of 25 percent of the above mentioned amount. Please send (by email: firstname.lastname@example.org or by fax: +1 413 517 0900) a copy of your student or staff card.
Institutional group rates are available for two or more persons attending during the same course period. Please inquire.
EcoMod offers a limited number of partial scholarships to candidates from developing countries and transition economies. To submit your application, please click here. The deadline to apply for a scholarship is two months before the beginning of the course.