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 GEMs in their research and policy-related analysis.


Learning by "Researching" TM


Training Calendar_Online

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

1 seat left

July  / CGE- Crash Course (2 days)   




                                 

6 participants

2020

June  / DSGE- Registration closed                                       

October / DSGE- Registration closed

September  / CGE- Registration closed

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

2021

March  / DSGE- Registration closed

                                       

July / DSGE- Registration closed                                 

January  / CGE- Registration closed                                     

May / CGE- Registration closed                   

October  / CGE- Registration closed                           

Jan  / GEM (DSGE & CGE) - Normal Group                                               

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

Dec  / GEM (DSGE & CGE) - Normal Group (10-15 participants)                                        

Jan  / GAMS coding Tutorial - Normal Group                                               

Aug  / GAMS coding tutorial                                     

5 seats left

Dec / GAMS coding tutorial                                     

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




                                 

3 participants

2022

Training Calendar_Onground

5 Days Condensed GEM training 

Nov. 2021

Dubai, UAE


3 Days Condensed GEM training 

26-28 August. 2022

Berlin, Germany


REVIEWS

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)


"Full Training on the Theoretical Foundations of CGE Modeling, Including Practical Labs Using GAMS or GEMPACK"


Recommended training program by GAMS institute, view the announcement here

gams
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).



Training content is systematic and structured as follows:

1) CGE Model introduction

2) Production and Demand theories

3) GTAP model and database introduction

2) Modeling Nested Production functions in GEMPACK 

3) Elasticities: CES, Armington calibration 

4) Modeling Nested Demand functions and regional household

5) Practical CGE applications, aggregation, and simulations. 

6) Group project paper and way forward

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