Practical CGE Modelling Course (UK)
The Centre of Policy Studies is offering an intensive one-week course introducing participants to computable general equilibrium (CGE) modelling and to the GEMPACK software used to solve equilibrium models.
The course focuses on a typical single-region applied general equilibrium model: the ORANI-G model. For more than two decades, variants of ORANI-G have been used in policy analysis for 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 in the model code
- formulating 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 stylised 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 of the Centre of Policy Studies. Throughout the course, instructors reference the Centre’s experience in analysing current policy issues, including:
- changes in trade policy and trade agreements
- transition toward a carbon neutral economy
- effects of a change in the tax mix
- regional issues.
The course should appeal to:
- those needing background in order 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 as the basis 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.
Fees (50% discount for students)
The fee is:
- AUD $3100 (GST exclusive) for non-Australian residents
- AUD $3410 (GST inclusive) for Australian residents.
Please indicate in the comments section of the registration form if you require the student discount.
This fee covers:
- course materials (including software)
- morning and afternoon teas
- 5 lunches.
The fee does not cover accommodation, breakfast or dinner.
Registration & payment
After you have registered you will be given instructions on how to pay.
University of Kent University of Kent, Canterbury Kent United Kingdom CT3 7NP