Ute Volz

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The teaching technique we will follow consists of three steps repeated each half day: (1) abrief lecture, (2) examination and discussion of techniques via the use of simple templatemodels, (3) exercises for the participants. All three instructors are available during the entireworkshop.The workshop will also provide an opportunity for specialized consultation on individualapplications in environmental economics, international trade and dynamic applications.Workshop Topics and ScheduleMonday, July 25:• Morningo Install discuss, and explain softwareo Basic GAMS syntax: SETS, TABLES, PARAMETERS, EQUATIONS,MODELS, DISPLAY, etc.o Exercises• Afternoono Brief lecture on the elements and formulation of numerical GE modelso Formulating and solving square systems of equations/inequalitieso Micro-consistent initial data and calibrationo Coding and replication checkso Examination of simple template modelso ExercisesTuesday, July 26:• Morningo An introduction to MPS/GE, translating algebraic models into MPS/GEo Some simple template modelso Exercises• Afternoono Extensions to the basic framework taught with template exampleso Intermediate inputs and joints outputso Specific factors, slack activities, labor/leisure choiceo Multiple householdso ExercisesWednesday, July 27:• Morningo Extension to the basic framework taught with template exampleso Taxes in benchmark datao Tax reform (e.g., equal yield reforms)o Modeling public goodso Classical unemploymento Exercises
• Afternoono Extensions to open economy models taught with template exampleso Modeling a small open economyo Tariffs in the benchmark datao Quotas and voluntary export restraintso ExercisesThursday, July 28:• Morningo Economies with a benchmark trade imbalanceo Armington formulationso Large open economieso A full two-country Heckscher-Ohlin model• Afternoono Models with scale economies and imperfect competitiono Modeling a monopolized sector with Cournot competitiono Cournot competition with increasing returns to scaleo Cournot competition with free entry and exito Exerciseso Opportunity for individual consultation on user applications.Friday, July 29:• Morningo Parallel sessions on general equilibrium model applications to:• International trade• Large-scale modeling, calibration and spreadsheet interfaces• Afternoono Opportunity for individual consultation on user applications.For further information on course content, please contact Jesper Jensen,jj@copenhageneconomics.com, Jim Markusen, James.Markusen@colorado.edu or VolkerClausen, vclausen@vwl.uni-essen.de.Times and LocationMorning sessions will begin at 9am. Lunch is provided for workshop participants at noon.The afternoon sessions will run from about 1-4pm.All sessions take place at the Department of Economics at the University of Duisburg-Essen,Campus Essen:University of Duisburg-Essen, Campus EssenUniversitätsstraße 1245117 EssenGermany
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Ute Volz

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