Global model interface
New software for building and testing scenarios in our economic and industry models
Global Industry Model added to the Global Model Workstation
We continue to develop our modelling platform, the Global Model Workstation. The interface can now be used for both the Global Economic Model and the Global Industry Model.
Advanced software makes it easy for you to build your own scenarios to see their impacts across countries and industrial sectors, then export data sets or view outputs in dashboards, heat maps, or charts.
About our models
Oxford Economics’ models provide a rigorous and consistent structure for forecasting and testing scenarios on a macro level for 80 countries, and for 100 sectors in 69 economies. Globally integrated and internally consistent, our models can be used to address questions on a wide range of economic topics such as the impact of oil price changes, or the effects of slower Chinese growth. The models form the foundation of all of our country, industry, and city forecasts. Our models can be customised to reflect your organisation’s own strategic challenges.
Modelling expertise
- Oxford’s Global Economic Model is the world’s leading globally integrated macro model, relied upon by over 200 leading organisations around the world.
- The model replicates the world economy by interlinking 80 countries, six regional blocs, and the Eurozone.
- Our team of economists set underlying global assumptions and ensure that the data, forecasts, and formulas in the model are fully-up-to-date.
- With a 35-year track record, the Model provides a rigorous and consistent structure for forecasting, scenario analysis, stress testing, and impact analysis.
Service Features
- Fully integrated global economic model. Individual country models are fully linked through global assumptions about trade volume and prices, competitiveness, capital flows, interest and exchange rates, and commodity prices.
- Comprehensive country coverage. 80 countries are examined in detail plus the Eurozone, more than any other economic forecasting and scenarios framework. The rest of the world economy is covered in six trading blocs.
- Monthly updates. Each month clients receive all the latest economic data and our baseline forecast.
- 5, 10, or 25 year baseline projections. You can choose to receive medium or long-term forecasts.
- User-friendly software. Quickly build scenarios, export data, load pre-defined scenarios, and present data as charts, heatmaps, and dashboards.
- Comprehensive training and support. We provide in-house training and offer regular seminars for model users.
Geographic coverage
List of countries covered by the Model and the number of indicators for each:
Indicators included
Detailed coverage of GDP and its determinants: household income and spending; company finances and business investment; trade and the balance of payments; wages, productivity and competitiveness; consumer and producer prices; monetary policy; equity prices and bond markets; the labour market and demographics; and government finances.
Our models
The Global Economic Model feeds into a series of industry, sub-regional, and city models. This allows us to quantify the impact of global events on a consistent basis down to individual sectors and local markets.
- Global Industry Model. The industry model can be run in parallel with the economic model, allowing modelling and scenarios for 60 countries and 100 sectors.
- Cities and regions. Assumptions generated by the model are fed into our forecasts for almost 3,000 cities and regional locations around the world.
Service and support
Economist access and training. Our team of economists are on hand to provide guidance and answers to your most pressing questions. We hold regular training workshops to help clients get the most out of the model.