My OpenLearn Create Profile
- Personalise your OpenLearn profile
- Save Your favourite content
- Get recognition for your learning
Already Registered?
Page path
Course content
View course content
- ExpandWelcome to the Course!
- ExpandIntroduction to the Course
- Introduction to the Course (4 minute slide show)View
- Orientation (8 minute read)View
- Who Should Take This Course? (4 minute read)View
- Why are They Called "CGE" Models? (10 minute read)View
- What is a Computable General Equilibrium Model? (18 minute read)View
- HANDS-ON MODELING - GETTING READYView
- Syllabus - a Five-Week Course
- Introduction to the Course (4 minute slide show)
- ExpandMODULE 1 - Database of a CGE Model
- Introduction to the Database in a CGE Model (2 minute read)View
- Introduction to the SAM (12 minute video)View
- Learn About Accounts in a SAM -- an Interactive LessonView
- Explore the US333 SAM - an Interactive LessonView
- Introduction to Taxes in the UNI-CGE Model (15 minute video)View
- Core Concept: Normalizing Prices and Quantities (10 minute read)View
- Activities v. Commodities (8 minute video)View
- Structure Tables (15 minute read)View
- Macro SAMs (20 minute read)View
- Should You Update Your SAM? (6 minute read)View
- Elasticities (30 minute read)View
- Core Concept: Variables and Parameters (6 minute read)View
- ACTIVITY: Check Your Knowledge About the Social Accounting MatrixView
- HANDS-ON MODELING: RUNNING THE MODELView
- Introduction to the Database in a CGE Model (2 minute read)
- ExpandMODULE 2 - Demand
- Advance Organizer - Final Demand (6 minute read)View
- Introduction to Demand (4 minute video)View
- Final Demand Data in the US333 SAM (12 minute read)View
- Final Demand in the UNI-CGE Model (12 minute read)View
- Core Concept: Behavioral and Identity Equations (6 minute read)View
- Basics of Household Demand (20 minute slide show)View
- Learn more about the Linear Expenditure (LES) Demand System (20 minute video)
- Core Concept: Role of Prices (10 minute video)View
- Homothetic, Quasi-homothetic and Non-homothetic Demand (12 minute read)View
- Government Demand in the UNI-CGE Model (15 minute read)View
- Investment Demand (18 minute read)View
- HANDS-ON MODELING: Pandemic SpendingView
- Advance Organizer - Final Demand (6 minute read)
- ExpandMODULE 3 - Supply
- Advance Organizer - Supply (6 minute read)View
- Production Data in the US333 SAM (18 minute read)View
- The Make Matrix: Diagonal and Non-diagonal (15 minute read)View
- Core Concept: Price Linkages in the UNI-CGE Model (Powerpoint presentation)View
- Technology Tree and Nested Production Functions (15 minute read)View
- Demand for Intermediate Inputs (20 minute read)View
- Demand for Factor Inputs (35 minute read)View
- Core Concept: Calibration (15 minute read)View
- Factors, Factor Market Equilibrium, Factor Unemployment (15 minute read)View
- Factor Mobility (5 minute read)View
- HANDS-ON MODELING: Robert Solow and Technological ChangeView
- Advance Organizer - Supply (6 minute read)
- ExpandMODULE 4 - Trade
- Trade data in the US333 SAM (12 minute read)View
- Product Differentiation and Trade (12 minute slide show)View
- Armington Import Demand (25 minute read)View
- Export Supply (25 minute read)View
- Export Demand and Large/Small Countries (15 minute read)View
- Big versus Small Countries and the Terms of Trade (15 minute read)View
- HANDS-ON MODELING: Immigration and TradeView
- Trade data in the US333 SAM (12 minute read)
- ExpandMODULE 5 - Macro and General Equilibrium Perspectives
- Macro SAMs, Macro Indicators and the Circular Flow (25 minute read)View
- Macro Balances and Macro Constraints (25 minute read)View
- Macro Closure (35 minute read)View
- Inter-Industry Linkages (6 minute video)View
- What Are General Equilibrium Effects? (20 minute read)View
- General Equilibrium Effects of Taxes (6 minute read)View
- ACTIVITY: Make a Macro Closure DecisionView
- HANDS-ON MODELING: How Governments Spend TaxesView
- Macro SAMs, Macro Indicators and the Circular Flow (25 minute read)
- ExpandMODULE 6 - UNI-CGE Model
- Download the UNI-CGE model
- Model Exercises - An Overview
- Getting Ready: Download GAMS and the UNI-CGE Model
- Getting Ready: Run the UNI-CGE Model
- Getting Ready: Structure of the UNI-CGE Model
- How To: GAMS Basics
- How to Upload a Country Data File
- How to Change an Elasticity
- How To Change a Macro Closure
- How to Change Factor Market Closures (Unemployment, Mobility)
- How to Define, Run and Verify an Experiment
- How to Read Results in a .LST File
- How to Read Results in a GDX File
- How to Read Results in an Excel File
- Exercise: Robert Solow and Technological Change
- Exercise: How Should the Government Spend Your Taxes?
- Exercise: Immigration and Structural Change
- Exercise: Pandemic Spending - What Happened When We Stayed Home During Covid
- Exercise: How Tariffs Work
- Exercise: World Energy Price Shocks (coming soon)
- Model Exercise Answer Keys
- Database Library
- Structure Table Library
- Download the UNI-CGE model
- ExpandFinal Exam
- ExpandAcknowledgements
- ExpandDownloadable Learning Resources
- ExpandReference Material
About this course
- 30 hours study
- 2Level 2: Intermediate
- Course description
Course rewards
Earn a free digital badge if you complete this course, to display and share your achievement.
Fundamentals of Computable General Equilibrium (CGE) Modeling
If you create an account, you can set up a personal learning profile on the site.
For further information, take a look at our frequently asked questions which may give you the support you need.
If you have any concerns about anything on this site please get in contact with us here.