© Scott McDonald
M1: Social Accounting Matrices and Estimation Part 1
This module provides and introduction to Social Accounting Matrices (SAM). The focus in this module is primarily on the theory of social accounting and developing an understanding of the properties of SAMs. This module therefore serves two purposes, (1) an introduction to SAMs and (2) developing a ‘common language’ for the subsequent modules.
This module assumes you have access the MS Excel and subsequent modules will use GAMS with GAMS Studio as the editor.
Programme
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Topic |
Tasks |
Exercises |
Files (code files in RED) |
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M1:1 |
Introduction |
Introduction |
None |
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M1:2 |
Introduction to SAMs |
SAMs a single-entry accounting system. Top down & Bottom-up Approaches |
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M1:3 |
Macro SAM |
Macro SAM |
Deriving a simple Macro SAM from macro-T-accounts |
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M1:4 |
Prices and Production Boundary |
The price system in a SAM and the Law of One Price (LOOP) The SNA and 'general' production boundaries |
Deriving implicit prices from TVs |
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M1:5 |
SAMs and the SNA |
Interindustry Tables, SAMs and the System of National Accounts |
The relationship between Supply and Use Tables and Input-Output Tables |
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M1:6 |
Interpreting a SAM |
Using coefficients to interpret the information in a SAM |
A SAM interpretation exercise |
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M1:6 |
Satellite Accounts and the SNA |
Satellite Accounts and SAMs in the SNA |
Interpreting the data in satellite accounts |
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