Practical GE Modelling Course
The Centre of Policy Studies (CoPS) offers an intensive one-week course introducing participants to computable general equilibrium (CGE) modelling using the GEMPACK software. The course will be hosted by the Austrian Institute of Economic Research (WIFO) in Vienna, Austria.
The course focuses on a typical single-region applied general equilibrium model: the ORANI-G model of the Australian economy. Variants of the ORANI model of the Australian economy have been used extensively for policy analysis in Australia for more than two decades. ORANI-G, a generic version of ORANI, has been used to model the economies of more than 30 countries around the world. The course aims to introduce participants to the ideas and techniques of CGE modelling, and to equip them to start using, adapting or constructing CGE models for their own simulations. By the end of the course, participants will have acquired thorough knowledge of:
* the theory underlying CGE models;
* the basic structure of a typical CGE model;
* the representation of applied GE models in the notation used in GEMPACK;
* the data requirements of a typical single-country CGE model;
* checking that the equations and data of a model are implemented correctly on the computer;
* formulating exogenous scenarios;
* computing simulations for policy analysis and interpreting and reporting results.
The course program consists of lectures integrated with a sequence of practical computer exercises using GEMPACK. This provides a strong emphasis on learning through analysis of stylized simulations including a rise in wages, an increase in government spending or a change in applied tariffs. The course will be taught by the world-leading CGE modellers from the Centre of Policy Studies.
The course should appeal to
* those needing background to work with, or understand results from, a typical CGE model like ORANI-G;
* those wishing to use the theory of ORANI-G with GEMPACK for a model of a country other than Australia;
* those wanting to understand current policy issues in the context of a formal economy-wide system.
Course Fees (€)
Academic / student 2 400
Government 3 200
Private sector 4 500
For CEEC-citizens a 15% discount (20% discount for 2 members per institution) is offered.
The fee covers course materials (including software), morning and afternoon teas and 5 lunches.
It does not cover accommodation, breakfast or dinner.
Regular fees: 2560 - 4500 EUR
International Fees : 1920 - 2400 EUR
1030 Vienna, Arsenal, Object 20
Vienna , Austria