Spring 2008

Course Web Page
Computable General Equilibrium Modeling

Instructor: Olga Kiuila

Office Hours:


You may want to have a copy of GAMS with MPSGE to be able to run on your computer. There is available a free student version from GAMS web site. It is a limited version but it is perfectly adequate for learning about CGE modeling.

  •   Lecture 1a: Introduction, History of CGE modeling  
  • (Polish version only)

  •  Lecture1b: Basic rules to formulate model in GAMS 
  • (Estonian Model and I/O Table)

  •  Lecture 2a: Using GAMS  

  •  Lecture 2b: Steps in writing MPSGE model 
  • (EXAMPLE 1)

  •  Lectures 3 & 4 : GAMS statements in an MPSGE model  
  • (EXAMPLE 2, EXAMPLE 3 - answer 3b)

  •  Lecture 5: Useful information for using GAMS software  
  • (EXERCISES)

  •  Lecture 6: Simple Exachange Model  
  • (EXAMPLE 4 - answer 4c)

  •  Lecture 7: Import Tariffs 
  • (EXAMPLE 5)

  •  Lecture 8: Social Accounting Matrix  
  • (EXAMPLE 6 - 6* - 6**)

  •  Lecture 9: Nested function  
  • (EXAMPLE 7)

  •  Lecture 10: Elasticity of transformation  
  • (EXAMPLE 8)

  •   Lecture 11 & 12: Steps in writing GAMS models (Model 1, Model 2)

  •   Lecture 13: Some useful general remarks for GAMS (Model 3)

  •   Lecture 14: Why to use models? (Exercises to Model 3)



  •  Lecture : Labor-Leisure choice  
  • (EXAMPLE 9 - 9* - ANSWER 9ab)

  •  Lecture : Price elasticity of supply  
  • (EXAMPLE 10 - ANSWERS 10a, 10b; EXAMPLE 11 - ANSWER 11a)

  •  Lecture : Economy with unprofitable activity  
  • (EXAMPLE 12 - ANSWER 12a, ANSWER 12b)

    THE END