Modeling with Impact

Financial General Equilibrium Modeling with GAMS

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Intensive course at the advanced level. This advanced course will introduce all the tools for constructing and implementing financial general equilibrium models for policy analysis. This course is only accessible to those who have some experience in general equilibrium modeling and to the alumni of the EcoMod School or on-line courses.

Traditional CGE modeling assumes that money is a veil. Monetary and financial elements are therefore neglected. This classical assumption might have been valid for the 19th century economies. It is no more the case, as shown by the recent economic and financial turmoil.

This advanced course will introduce all the tools for constructing and implementing financial 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 building the real and financial database for such models, implementing the model in GAMS, formulating scenarios and running policy simulations.

Fees:

The fee for the course is US$3,767.00. 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 off the regular fee. Please send a copy of your student or staff card to office@ecomod.net. Institutional group rates are available for two or more persons attending during the same course period. Please inquire.

Scholarships:

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.