Model Exercises - An Overview

This course includes hands-on modeling exercises. The objective of the exercises is to help you build practical skills in running a CGE model, defining experiments that represent real-world problems, and locating and explaining model results. 

The exercises are designed to be used with the UNI-CGE model, a single-country CGE model written in the GAMS programming language.  Links to no-cost GAMS software and to country data bases are provided in the "Getting Ready" instructions. 

The case studies emphasize general modeling skills and the role of economic concepts in understanding the model and results.  

Before starting the model exercises, read and carry out instructions in the lessons named "Getting Ready."  You can read the guides that start with "How To ..." as you need them.  

Table 1 presents suggested links between the modules in this course and the modeling exercises. 


Hands-on model exercises
Suggested moduleTitle of ExerciseModeling skillEconomic concept
IntroductionGetting readyDownload model and database
Introduction (or as needed)"How to" guidesHow to run the model, define an experiment, read results
DemandWhat happened when we stayed home with CovidChange consumer preferencesLES demand system
SupplyRobert Solow and TFP growthChange a productivity parameterDirect and indirect gen'l equilibrium effects, macro closures
TradeImmigration and structural changeChange a factor supplyRybczynski theorem, economic structure
MacroHow should the government spend your taxes?Change a tax rate, change a macro closureStructural change, macro relationships





Last modified: Thursday, 12 September 2024, 4:41 PM