Course level

Undergraduate

Faculty

Business, Economics & Law

School

Economics School

Units

2

Duration

One Semester

Class contact

2 Lecture hours, 2 Tutorial hours

Prerequisite

ECON2300

Recommended prerequisite

Course coordinator

Prof C. O'Donnell

Current course offerings

Course offerings Location Mode Course Profile
Semester 2, 2017 St Lucia Internal Course Profile
Semester 2, 2018 St Lucia Internal Profile unavailable

Please Note: Course profiles marked as not available may still be in development.

Course description

This course provides a comprehensive coverage of modern methods for analysing the productivity and efficiency of different types of decision-making units (e.g., individuals, firms, industries, regions, economies). Students learn how different assumptions concerning technologies, markets and firm behaviour can be used to guide the construction of proper productivity indexes. They then learn how these indexes can be exhaustively decomposed into measures of technical change, environmental change, and various types of efficiency change. Students learn how to estimate these components using data envelopment analysis (DEA), deterministic frontier analysis (DFA) and stochastic frontier analysis (SFA) methods. Students gain an understanding of why the estimation of these components is critically important for public policy-making. The course has a strong applied focus. Students analyse different types of datasets using software packages such as DPIN, DEAP, FRONTIER, EViews and LIMDEP.

Archived offerings

Course offerings Location Mode Course Profile
Semester 2, 2016 St Lucia Internal Course Profile
Semester 2, 2015 St Lucia Internal Course Profile
Semester 2, 2014 St Lucia Internal Course Profile