coursemapLoading course
Crawford School of Public Policy · ANU College of Law, Governance and Policy
Available for on-campus & remote (online) learning. Students participate in interactive, real-time classes. This course is designed to introduce the theoretical and practical bases of large-scale economic modeling of the global economy. Students will learn the fundamentals of constructing a global simulation model based on the G-Cubed general equilibrium model. They will then analyse a number of macroeconomic policy problems using this model. Students will learn how to use the model to generate a set of results and also how to interpret those results. Students will write a research essay that uses insights from their modeling to contribute to an existing literature on a major macroeconomic policy problem.
Problem set 1
Learning outcomes 1
Problem set 2
Learning outcomes 1, 2
Mid-term essay (2,000 words)
Learning outcomes 1, 2, 3, 4, 5
Research essay (3,000 words)
Learning outcomes 1, 4, 5
The standard workload for a 6 unit course is 130 hours including class time and independent study.
None. Preliminary Reading McKibbin W and Wilcoxen P (2013) 'A global approach to energy and the environment: The G-cubed model', Handbook of Computable General Equilibrium Modeling, Elsevier, 2013, Chapter 15, pp 995-1068. Dixon PB and Jorgenson DW (2013) 'Introduction', Handbook of Computable General Equilibrium Modeling, Elsevier, 2013, Chapter 1, pp 1-22.