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"
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).
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
