Introduction to Economy-Wide Policy Impact Analysis

Input-output analysis, complemented by means of social accounting matrices is often used as a tool to conduct such meso-level economic enquiry. Researchers frequently use these tools to analyse the impact on production, the environment, prices, employment and income effects of policy related changes in international trade, taxes, fiscal policy and investment. Economic modelling techniques that capture economy-wide impacts of policy changes are increasingly being used in South African academic, consulting and research circles. To cater for this increased demand, Trade and Industrial Policy Strategies (TIPS) are offering the fifth one week introductory course in economy-wide policy impact analysis.