1:00 PM – 2:00 PM ET
Join us for a webinar showcasing MacroABM, an agent based framework designed to model the economic impacts of energy and climate policy.
MacroABM simulates the behaviour of individual firms, households, banks, and governments as they make decisions, respond to market conditions, and adapt to policy changes. By modelling these actors directly, the framework generates economic outcomes from the bottom up rather than relying on top down assumptions.
The model will serve as the economic engine of the M3 Platform. It enables endogenous estimates of economic growth, labour impacts, and investment under different policy scenarios.
During the session, participants will learn how the model works and how it is being integrated with other components of the M3 Platform. MacroABM has been linked with a detailed labour model and with CIMS, the open source energy system model. These linkages allow policy questions to be examined across economic, labour, and energy dimensions within a single modelling framework.
The webinar will focus on introducing the MacroABM architecture and modelling approach. It will also provide an early look at how model linkages are being structured within the M3 Platform and what analytical capabilities this integration will support. Release timelines for both the individual models and the integrated platform will also be presented.