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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 |
---|---|
Lectures | 16 |
Computer Aided Lab | 8 |
Specified Learning Activities | 36 |
Autonomous Student Learning | 90 |
Total | 150 |
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 | 60 |
Unspecified |
Continuous Assessment: Quizzes,homework projects | 40 |
Unspecified |
Compensation
This module is not passable by compensation
Resit Opportunities
In-semester assessment
Remediation
If you fail this module you may repeat, resit or substitute where permissible.