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Modelling the Impact of Macroeconomic Policies and Shocks

Organized in collaboration with the Centre for Petroleum, Energy Economics and Law University of Ibadan (CPEEL, see information below), the PEP Shool will be held in Ibadan (Nigeria), from October 28 to November 8, 2013  with a Distance learning component from September 16 - October 25, 2013 (Detailed schedule below).

CGE modeling techniques

PEP activities in terms of training and innovations in the field of economic modelling stand out among the Network’s most widely acknowledged contributions to the advancement of policy analysis in development economics. PEP resource persons are internationally known for developing a series of Computable General Equilibrium (CGE) reference models that allow more country-specific and extensive applications, especially in the context of developing country economies.

Course content and objectives

The workshop will bring together participants and PEP resource persons at CPEEL’s location, in Ibadan (Nigeria), for two intensive 5-day training session involving the several components described here.You can register to one or both courses. however, the BASIC CGE training is a prerequisite to the ADVANCED CGE training.

Detailed Schedule

DISTANCE TRAINING (Basic) : September 16 - October 25, 2013
A six-week distance learning component will be offered for the Basic training only.

BASIC TRAINING : October 28 - November 1, 2013
Development Policy Modelling - ECN-U002
This course teaches participants how to build and use general equilibrium simulation models to analyze the impact of economic policies and macroeconomic shocks on agents and economies
At the end of this course, participants will:

  • Understand the logic and utility of CGE models to analyze economic problems of developing and developed economies;
  • Understand the data requirements and statistical needs of implementing such models;
  • Have a basic command of the GAMS software;
  • Be able to understand the economic logic underlying CGE models;
  • Be able to interpret and explain results generated by CGE analysis.

ADVANCED TRAINING: November 4 - 8, 2013
Dynamic Impacts of Macroeconomic Policies and Shocks - ECN U009
Participants will learn how to build and use a recursive dynamic general equilibrium simulation models to analyze the impact of economic policies and macroeconomic shocks on agents and economies in a dynamic framework. The Development Policy Modelling course is a prerequisite.
Participants will learn to:

  • Understand the logic and utility of standard static and dynamic CGE models to analyze economic problems of developing and developed economies;
  • Be able to compute a reference scenario
  • Have a good command of the GAMS software;
  • Be able to understand the economic logic underlying dynamic CGE models;
  • Be able to interpret and explain results generated by a dynamic CGE analysis.

For more information, see Course content
See the PEP-Laval CPEEL School flyer (PDF 412k)
For registration, see Application details

Centre for Petroleum, Energy Economics and Law
University of Ibadan (CPEEL)

The Centre for Petroleum, Energy Economics and Law University of Ibadan (CPEEL)  is a unique capacity building initiative in the African region that leverages on its connection and collaboration with reputable global energy centres and institutions to deliver a rich menu of global competencies in training, staff development, research and advocacy in sustainable energy development. CPEEL is geared to providing a world class milieu in which advanced energy research, training and advocacy is undertaken anchored on combining the best of local, regional and global expertise in energy. CPEEL’s philosophy of bringing economists, lawyers, engineers and other stakeholders together in a unified academic environment is underscored by its holistic approach to energy matters that encompasses science, engineering, economics, finance and law.

        CPEEL  

http://cpeel.ui.edu.ng/

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