::Short Course in Global Trade Analysis :: Course Outline
The course is divided into weekly modules as follows:
Module 1: Getting Started Duration: 1 week
This module motivates the use of Applied General Equilibrium Analysis. We introduce the GTAP Model in
a simple, one-region setting, as well as some of the basic notations used in the model.
Module 2: Overview of the GTAP Framework Duration: 1 week
This module documents the notations used in the one-region model, as well as the basic marginal
relationships between quantity, price and macroeconomic variables.
Module 3: Producer Behavior Duration: 1 week
This module presents in more detail the manner in which the firm combines individual inputs to produce
its output. We will review the major assumptions behind producer behavior in the OneGTAP CGE model,
with the underlying behavioral equations and parameters.
Module 4: Household Behavior Duration: 1 week
This module introduces household behavior, government behavior and savings in the One-Region Model.
Don't miss the illustrative simulation as we have prepared a hands-on introduction to AnalyseGE. This
movie will show you how to use AnalyseGE to further decompose OneGTAP's results.
Module 5: Supply Response Duration: 1 week
This module introduces the relationships between technology, factor mobility, and firm supply
response. This will allow us to further decompose sectoral supply response.
Module 6: Market Equilibrium Duration: 1 week
In this module we put together the determinants of industry input demands and output supplies, and we
introduce the concept of an equilibrium elasticity. This concept offers a useful means of combining
knowledge of individual agents' behavior to make inferences about market relationships.
Module 7: Welfare Decomposition Duration: 1 week
This module introduces Equivalent Variation (EV) as a welfare indicator and analyzes how we can
decompose welfare changes into its constituent parts.
Optional Modules/Topics
Module 8: Multi-Region Model
The purpose of this module is to give you some background information on working with the
Multi-Region Model.
Topic 1: GTAP Data Base
The purpose of this topic is to give you some background to the creation of the GTAP Data Base.
