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Microsimulation CGE Modeling

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Intensive course at the advanced level. The course will focus on microsimulation models and their linkages with CGE models.

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.

Course objective: 

The course will introduce all the fundamental tools for developing microsimulation models in GAMS and their linkages with CGE models.

By the end of the course the participants will have acquired detailed knowledge of and extensive hands-on experience in:

  • Data preparation and matching of survey data
  • Micro and macro data reconciliation:
  • Balancing social accounting matrices and survey data using cross entropy distance
  • Representative household approach in microsimulation
  • Top down/bottom up approach in microsimulation
  • Integrated approaches in microsimulation
  • Sequential recalibration
  • Building linkages with micro data sets
  • Microsimulation and income distribution analysis
  • Calibration of the integrated microsimulation model
  • Implementation of the models in GAMS
  • formulating scenarios and running policy simulations,
  • reporting and interpreting the results.
Methodology: 

The course uses a practical  and very intensive approach to model building. The participants will actually build the model EcoMod 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 versionof their own model using the GAMS codes of EcoMod.

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.

Early registration discount: A discount of $500 is offered on the regular fee, and $400 on the university fee for registrations and payments completed six weeks before the start of the course.

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.

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