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Executive Course in Skills Demand and Supply Modelling

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The GIBS /Economic Modelling Academy (EMA) partnership recognizes the importance of economic modelling as advanced analytical and decision-making tools for forward looking entities to ensure well-trained, knowledgeable, and responsible leadership. EMA provides focused, applied and comprehensive training to enable leaders to better understand and use economic models more productively and skilfully.

Use economic models to think and plan strategically about the future demand and supply of skills and occupations in your industry and the economy.

Skills forecasting allow strategic executives to better plan their skills needs within the context of economic growth, changing technologies, knowledge obsolescence, and the 4th Industrial Revolution (4IR). Learn how to use models that link human resource requirements to growth of the economy, industries, and sectors in quantifiable terms. 

In this hands-on course students learn how to use economic modelling and skills forecasting tools to combine economic, demographic, and education data with state-of-the-art statistical and modelling techniques to capture key interactions and interdependencies within the economy, including the labour market and the education sector. 

Learn how to take skills planning and forecasting to the next level using a web-based linked macro-education model. Students will design alternative education and economic policy scenarios, conduct real time simulation of their scenarios, and receive medium- and long-term projections of the labour force, employment, job openings, job seekers, labour market (im)balances, and the demand and supply of skills and occupations. 
Learners will also be able to view occupations in high demand and low demand, under alternative scenarios over the next 10 years. Moreover, students learn how to use the model’s 4IR module to design and simulate impact of alternative scenarios on demand for occupations and skills. All public and private organisations, including SETAs, that conduct research and/or are responsible for skills planning and HR strategy can use this course to learn how to design ‘what if’ scenarios about the economy, labour force, and the education sector and to obtain corresponding effects on future trends in demand and supply of skills and occupations for the economy, SETAs, provinces and economic sectors.
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Who should attend?

  • Executives and officials in the public sector, private sector, labour and NGO sector responsible for research, planning, policy, strategy design and execution portfolios.
  • A minimum of a Bachelor’s degree at NQF level 7 or equivalent plus at least 3 years’ work experience in research /policy /strategy /planning /Monitoring and evaluation.
  • A minimum of a Bachelor’s degree in economics or related fields requires no work experience.
How you will benefit

  • Gain insight into quantitative and qualitative approaches to skills planning and forecasting.
  • Hands-on approach to skills demand and supply will give you applied training that you can use in your professional role.
  •  Learn how to use tools for skill needs anticipation and matching supply and demand of skills on the labour market.
  • Learn about the drivers of change which impact the demand for and supply of skills at national and sector levels.
  • Learn which skills will be needed in the future and what will be the impact of 4IR.
Additional information
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EMA Executive Education is YOUR gateway to the world of economic modeling

Admission Process
Step 1

Complete your online application form. Please refer to the top right corner of the webpage to apply.

Step 2

Submit your online application along with your CV detailing your qualifications and work experience. 

Step 3

Application is processed and successful applicants will receive a letter of acceptance.

Step 4

Invoice will be issued and payment is to be made.

Please ensure the billing details are correct when completing the application form, as any request to make amendments will delay your application. Ensure you have the VAT number should your company fund the tuition fees.


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