Econometrics of Productivity Measurement and Efficiency
This course will provide the students with an in-depth understanding of the fundamental concepts of econometric production analysis and with the practical skills to use econometric software to empirically analyse production technologies and producer behaviour. The module will build on the foundation of core econometrics courses and prepare students for MSc and PhD research or work as an econometrician, consultant, or quantitative analyst for public and private institutions within the broad area of econometric production analysis.
This module can be taken as part of a PG Certificate, PG Diploma or Full Masters Program.
Know the basics of microeconomic production theory that build the theoretical foundation of econometric production analysis.
Describe the taught approaches to econometric production analysis and assess their suitability in various empirical settings.
Use econometric software to empirically analyse production technologies and producer behaviour.
By the end of this course, participants should have knowledge and ability to:
Apply various approaches to econometric production analysis to investigate various real-world questions.
Critically evaluate the appropriateness of a specific econometric production analysis for analysing specific real-world question.
Communicate and present the results of econometric production analyses in oral and written form with clarity and succinctness.
By the end of this course, students should be able to:
Econometrics of Productivity Measurement and Efficiency is an elective 10 credit course and therefore students are expected to input approximately 100 hours of study into the course.
The total number of contact hours is 15 hours. This leaves 85 hours for private study.
This module consists of 2- hour lectures per day, for 5 consecutive days, plus a 1 - hour tutorial per day.
There will be optional clinics on the last day of the course.