TERM CGE modelling Course

Warsaw, 5-10 Sep 2016

This one-week intensive course will introduce participants to the equations and data structure of TERM -- a multiregional CGE model of a single country -- and provide them with extensive hands-on experience with the GEMPACK software used to solve CGE models.

For 2016 the course will be presented during 5-10 September in central Warsaw. Outside of course hours, activities will be scheduled for participants to enjoy Warsaw's rich offerings of museums, theatres, exhibitions and restaurants.

Course Venue: Palace of Staszic, Warsaw
Course Venue: Palace of Staszic -- see previous course photos here and here.

Following the TERM course, from 12-13 September, there will be a 2-day Advanced GEMPACK course also in central Warsaw.

The TERM model

TERM (The Enormous Regional Model) is a multiregional CGE model of a single country, which is "bottom-up" -- it treats each region as a separate economy. Two key features of TERM are: (a) its ability to solve quickly with a large number of regions or sectors, and (b) its database construction methodology, which allows a multiregional database to be constructed quickly, even with quite limited regional data.

The first, Australian, version of TERM distinguished 144 sectors and 57 regions. More recently, its master database has been extended to represent 182 sectors in 205 statistical sub-divisions (SSDs), so that urban areas, water catchment areas and tourism regions may all be distinguished accurately. The high degree of regional detail makes TERM a useful tool for examining the regional impacts of shocks (especially supply-side shocks) that may be region-specific. Finally, TERM has a particularly detailed treatment of transport costs and is naturally suited to simulating the effects of improving particular road or rail links.

Versions of TERM have been prepared for Brazil, China, Finland, Indonesia, Italy, Japan, Korea, New Zealand, Poland, South Africa, Sri Lanka, Sweden and USA. The course material is mainly based on the South African version but would apply with small modification to other versions of TERM. There may be one lab session using a Polish version of TERM.

Read more about the TERM model.

Course Program

The course runs from Monday to Friday 9am to 6.30pm, plus on Saturday from 9am to 1.15pm. During the first 3.5 days, about equal time is spent on lectures explaining CGE theory as applied to TERM, and on lab sessions designed to teach how to compute and explain simulation results. Then, participants form into groups, each focused on running and analysing different simulations. On Saturday morning the groups present and explain their simulation results.

The course should appeal to those needing background in CGE modelling in order to work with, or understand results from a typical multi-regional CGE model, and to those wishing to learn CGE modelling using GEMPACK.

Download the detailed provisional Course Program.

Documentation and Software

Course participants receive a folder, containing

At the end of the course participants receive DVDs or USB keys, containing


Mark Horridge

Mark Horridge Professor Horridge is Director (GEMPACK software) at the Centre of Policy Studies (CoPS), Victoria University. During the last 30 years, he has played a key role in many CGE modelling projects including the creation of several multi-regional CGE models of Australia, such as the TERM model. He has helped to create large general equilibrium models of Brazil, Vietnam, Thailand, Indonesia, South Africa, Taiwan, P.R. China and several other foreign countries. These overseas projects are usually associated with training, in Melbourne or overseas-he has organized or taught in around 90 training courses. A long-time associate of the Global Trade Analysis Project, he is now one of 3 "members-at-large" of the GTAP Advisory Board. Recently he has specialized in writing software used by GE modellers world-wide, and in devising procedures to efficiently construct CGE databases.

Robert Waschik

Robert Waschik Since April 2015 Dr Waschik has been a Senior Research Fellow with the Centre of Policy Studies (CoPS). Previously he lectured in Economics at La Trobe University. He has taught international trade, public economics and general equilibrium modelling, and other subjects and has supervised a number of Honours, masters and PhD students over the past 25 years. He earned his PhD in Economics from Western University in Canada, in 1990. He has published 18 articles in refereed academic journals. His recent research projects have included an investigation of the effects of international sanctions against Iran, a comparison of the Australian Federal government's Direct Action policy to abate greenhouse gas emissions with the recent Carbon Pollution Reduction Scheme, and trade creation and trade diversion effects of an Australia-China Free Trade Agreement. All these projects have used Computable General Equilibrium models.

Assumed Background for TERM Course

As with our introductory Practical GE Modelling Course, previous hands-on experience in solving GE models is not required. Again we require that course participants have:

Nevertheless this course is more technically demanding than the Practical GE Modelling course, and we expect that many participants will have previous exposure to CGE modelling. To avoid boring those who have already learnt the basics, we have chosen to present a slightly different set of techniques from those used in the Practical GE course.

Preparing for the course

If you have not worked with GEMPACK before, you should download and work through the MINIMAL course material. Although far simpler, the MINIMAL model and course use similar notation and software to TERM. To go further, you should:

Other Details

Please note that participants need to bring their own laptops and install GEMPACK before the course.

Course Fees

Students, or multiple attendees from one institution, may be be able to negotiate a discount.

The fee covers course materials (including software), morning and afternoon teas and 5 lunches. It does not cover accommodation, breakfast or dinner.

Registration and Payment

Complete and return this registration form, which contains payment details and return email addresses. Registration and Payment must be completed by August 15th 2016.


Participants are required to arrange their own accommodation -- there are many nearby accommodation options.

For more information contact:

Katarzyna Drozdziel, Project Officer, phone: +48 22 657 27 72
Prof. nadzw. dr hab. Katarzyna Zawalinska, Deputy Director
IRWiR Polish Academy of Sciences
Nowy Swiat Str. 72, 00-330 Warsaw, Poland

See also:
Main Training Courses page
Previous course photos
TERM webpage