Programme: Introductory Course on Computable General Equilibrium Modelling

Thursday, Day 1: Start 9h00

• Introduction: Quantitative Policy Modelling and SAM construction and multiplier introduction

• Dirk van Seventer

• Understanding Social Accounting Matrices (SAMs)

• Introducing GAMS & partial equilibrium of consumer and producer behaviour

• Rob Davies

• First GAMS programming: partial equilibrium consumer and producer behaviour

Friday, Day 2:

• A simple Walrasian general equilibrium model

• Rob Davies

• Exercise 1: A simple autarkic CGE model

• Approaches to modelling production with intermediate goods

• Dirk van Seventer

• Exercise 2: Autarkic model with intermediate production flows

Monday, Day 3:

• Simple Closure Rules

• Dirk van Seventer

• Exercise 3a: Autarkic model with savings and investment

• Factor market closures

• Rob Davies

• Exercise 3b: Sector specific wages

Tuesday, Day 4:

• Factor market closures (cont)

• Rob Davies

• Exercise 3b: Sector specific wages (cont)

• Introducing the public sector

• Dirk van Seventer

• Exercise 4: Autarkic model with government and alternative factor market closures

Wednesday, Day 5:

• Functional forms in CGE

• Kalie Pauw

• Introducing trade and the external account

• Dirk van Seventer

• Exercise 5: A full open economy model

• The Standard IFPRI CGE model

• Rob Davies

• Using the Standard IFPRI model

Thursday, Day 6:

• CGE modeling at the National Treasury

• Marna Kearney

• Project guidelines

• Rob Davies

• Project preparation

Friday, Day 7: Finish at Lunch

• Participants

• Project presentations

• Rob Davies

• Wrap up: where to now?