MEDS-E Users' Manual

Abstract

This report is the Users' Manual that accompanies MEDS-E, the economic component of a new Windows-based version of the MEDS (Models of the Economic-Demographic System) software. MEDS-E is designed to make use of the all-Canada population and labour force projections from MEDS-D in projecting various Canadian macro-economic aggregates. The projections, which are made year-to-year, extend as far as 2051. The time paths of the economic projections are determined by the population and labour inputs, type of aggregate production function chosen, rates of depreciation, and investment, consumption, and other parameters. A set of "standard" assumptions is provided, but users can change those assumptions.macroeconomic projections, economic-demographic system