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Curricular information is subject to change
Upon completion of this course, students should
- be able to formulate economic models mathematically and to implement them in GAMS;
- be able to formulate computable partial equilibrium models and
- to understand their data and parameter requirements,
- to formulate and run policy simulations;
- to interpret and critically scrutinize the simulation results, in particular, to explain the factors which drive these results, such as specific model mechanisms and parameters and
- to be able to distinguish what conclusions can and cannot be drawn from the model results;
- be able to critically assess the suitability of this model type for the analysis of various economic questions.
|Student Effort Type||Hours|
|Specified Learning Activities||
|Autonomous Student Learning||
|Computer Aided Lab||
Admission to this module will be subject to satisfying prior learning requirements and will be at the discretion of the module coordinator.Learning Recommendations:
This module will build on the material covered in an “Introduction to Economics” course which includes the basic micro- and macroeconomic theories. Students should be prepared to autonomously catch up with materials where they are lacking the required knowledge.
|Description||% of Final Grade||Timing|
|Assignment: In semester||
|Continuous Assessment: Quizzes,homework projects||
This module is not passable by compensation
If you fail this module you may repeat, resit or substitute where permissible.