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Time: 9.00am - 1.15pm
Venue: Room 5011, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE
Speaker(s): Dr Antoine Godin and Dr Devrim Yilmaz, Kingston University
This lecture series will present the basics of Agent-based Stock Flow Consistent modelling with a lecture and a lab in a three-hour session. The lecture will first outline the basic methodology of agent-based modelling and discuss the advantages of incorporating heterogeneity in stock flow consistent (SFC) macro models. We will then use the SIM model in Lavoie & Godley (2007) as our benchmark SFC model and impose heterogeneity in the household sector in this model. The lab session will demonstrate how to simulate this ABSFC model derived in the lecture using R.
The full program is available here.
For further information about this event:
Contact: Rafael Wildauer
Directions to Room 5011, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE: