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Introduction to Economic Equilibrium Analysis
(Short Summer Course - Monday, July 19, 2021)

Overview

This day will focus on the issues surrounding climate policy in the US. This will include market-based versus command and control, the double dividend debate and the implications of technical change. Motivation for this analysis will be provided by a survey of current and past carbon mitigation measures which have been implemented. We then introduce a numerical model based on WiNDC data with the BlueNote satellite accounts. We will go through a top-down view of the underlying theory and the model results. We will look at the steps required to run the model and construct Excel pivot tables and charts with model results. The learning objective for this first day is to see that participants who are new GAMS users will be able to run a GAMS model (specifying and solving scenarios and then comparing results). By the end of the session, participants will have a clear idea of how to operate a policy-oriented model and run scenarios on their own machine.

Recordings

  1. Monday morning -- first session
  2. Monday morning -- second session
  3. Monday afternoon -- first session
  4. Monday afternoon -- second session