Applied Data Analysis: Introduction to and Application of the Partial Equilibrium Model CAPRI in Market and Policy Analysis. 2021

Preconditions 

Generally, the course requires knowledge of basic microeconomic theory. Examples of terms with which the participants should be familiar are: marginal cost, marginal revenue, profit maximization and constrained optimization

Learning results 

After completion of the module, students:

  • understand the model structure, and the characteristics that distinguish CAPRI from other models,
  • understand in some depth one of the core parts of CAPRI, 
  • understand the main underlying data,
  • are able to use the Graphical User Interface (GUI),
  • are able to critically analyze CAPRI results,
  • are able to modify scenarios, construct simple scenarios from scratch and more complex scenarios by combining basic scenario files,
  • understand coding practices used in CAPRI. 

Course organization

I: Self Study:  Self-study tutorial using CAPRI STAR 2.6.: 

  • Model installation
  • Basic model understanding
  • Graphical user interface 
  • This part should be completed off-campus, before the lecture starts

II: An intensive 5-day: Lecture & Computer exercises  (20.9.-24.9.2021)

  • The course will provide literature and hands-on exercises for theoretical knowledge about the model
  • analyzing results and modifying and simulating scenarios. 
  • Readings and sessions will be individualized to the participant’s interest and competence.

Final exam: written or oral exam, depends on the number of students


Semester: SoSe 2021