General Equilibrium Training

General Equilibrium Models (GEMs) 

General equilibrium theory is useful for understanding economic interactions and changes in the context of static and dynamic complex modern economies. Applied GEMs are widely used in the field of Macroeconomics to address a wide range of theoretical research questions, analyze, forecast, and simulate policy issues in response to exogenous shocks.


M&S Research Hub organizes full and comprehensive online/onsite 45 hours of structured training for researchers, data analysts, and policy experts to acquire detailed knowledge and become fully capable of using the methodologies, Computable General Equilibrium (CGE) and Dynamic Stochastic General Equilibrium (DSGE) in their research and policy-related analysis.


Learning by "Researching" TM


Duration: Approx. 15 Hours

Training Mode: Normal group (7-10 trainees) and small group (2-5 trainees)

Platform: online (Zoom)

Extra benefits:

  • Certified certificate and 10% permanent discount on all events, workshops, and webinars.
  • Trainees become eligible to submit their papers at MSR working paper series (SSRN and RePEc indexed).



Training content is systematic and structured as follows:

1) Modeling a simple economy

2)Arrow-Debreu, Cobb-Douglas and other CGE-related functions

3) Modeling the government

4) Modeling the rest of the world

5) Introduction to Dynamic CGE models 

6) Modeling a simple dynamic model

7) Practical CGE applications using GAMS, aggregation, and simulations. 

Training Calendar_Online

2022

Jan  / GEM (DSGE & CGE) - Normal Group                                               

Jan  / GAMS coding Tutorial - Normal Group                                               

May / DSGE- Normal Group (7-10 participants)                                     

Aug  / CGE-GAMS training                                  

July  / CGE- Normal Group (7-10 participants)


                                 

July  / CGE- Crash Course (2 days)   

          

 Sep / DSGE- Normal Group (7-10 participants)                        

Oct  / CGE- Normal Group (7-10 participants)                                  

Dec / CGE-GAMS Training                                    

Dec  / GEM (DSGE & CGE)                       3 seats left                                        

Training Calendar_Onground

5 Days Condensed CGE and DSGE training 

Nov. 2022

Dubai, UAE


4 Days Condensed CGE and DSGE training 

Feb. 2023

Berlin, Germany


Meet Our Graduates

EXPERIENCED TRAINERS

I am very happy to be enrolled in CGE and DSGE courses

S. G.

Secreteriat Ministry of Finance, Brazil


COMPLETE GUIDE TO DATA ANALYTICS

Both courses contents are very interesting, updated and rich of basics which lack most of the practitioners. Moreover, trainers are comprehensive and have deep knowledge about content.



Sam. O

Ministry of Finance, Algeria

FULLY-FLEDGED TRAINING

Very much appreciate the sessions

Ryan

Asian Development Bank, Philippines


Excellent GEM Modeling 

 I am really happy about your service, specially teaching, explanation and providing materials are excellent. I would like to highly recommending to others regarding your institute.


Fernando

Graduate Student, University of Aberdeen, UK


Module One: Dynamic Stochastic General Equilibrium (DSGE)


"Full Training on the Theoretical Foundations of DSGE Modeling, Including Practical Labs Using Dynare"


matlab

Live Training


Snapshots

Follow our channel and see other sessions on  

Video 1: DSGE live Training - Session 1: Introduction and dynamic optimization with Lagrangians                                 (20 Minutes)

Video 2: Part of theoretical introduction to open economy and dynamic CGE using GAMS     

(4 Minutes)

Video 3: M&S Research Hub | DSGE Live Training | Modeling COVID 19 Using Dynamic Equations

 (23 Minutes)

Duration: Approx. 25 Hours

Training Mode: Normal group (7-10 trainees), small group (2-5 trainees), and one-to-one

Platform: online (Zoom)

Extra benefits:

  • Certified certificate and 10% permanent discount on all events, workshops, and webinars.
  • Trainees become eligible to submit their papers at MSR working paper series (SSRN and RePEc indexed).




Training content is systematic and structured as follows:

1) Introduction to DSGE Models and Dynare
2) New Keynesian Models, Euler equation and New Philipps Curve
3) Small Open Economy Models
4) Extensions to New Keynesian Models and Habit formation
5) Kalman Filter and Estimation Methods

6) Bayesian Methods and Markov Chain Monto Carlo6-
7) Examples of Practical Application of DSGE Models and group research paper.

Module Two: Computable General Equilibrium (CGE) using GTAP/GEMPACK


"Full Training on the Theoretical Foundations of CGE Modeling, using GTAP-GEMPACK"


Duration: Approx. 20 Hours

Training Mode: Normal group (7-10 trainees) and small group (2-5 trainees)

Platform: online (Zoom)

Extra benefits:

  • Certified certificate and 10% permanent discount on all events, workshops, and webinars.
  • Trainees become eligible to submit their papers at MSR working paper series (SSRN and RePEc indexed).



gempack

Training content is systematic and structured as follows:

1) CGE Model introduction

2) Production and Demand theories

3) GTAP model and database introduction

4) Modeling Nested Production functions in GEMPACK 

5) Elasticities: CES, Armington calibration 

6) Modeling Nested Demand functions and regional household

7) Practical CGE applications, aggregation, and simulations. 

8) SAM/I-O table construction - Bonus Module

Module Two-Plus: Computable General Equilibrium (CGE) using GAMS

"Full Training on the Theoretical Foundations of CGE Modeling, using GAMS"


Recommended training program by GAMS institute, view the announcement here

gams