| Responsible Department | Institute of Food and Resource Economics | ||||||||||||
| Research School | Applied Economics (AECON) | ||||||||||||
| Course Dates | December 1st 2010 - February 28th 2011 | ||||||||||||
| Course Abstract | The first part of the course includes general microeconomic foundation of production economics and the measurement of production performance. The second part focusses on economic modelling and the techniques of quantitative economic analysis | ||||||||||||
| Course Registration | To sign up for the course, please send an e-mail to Jens Leth Hougaard at jlh@foi.dk. | ||||||||||||
| Deadline for Registration | November 15, 2010 | ||||||||||||
| Credits | 7.5 (ECTS) | ||||||||||||
| Level of Course | PhD course | ||||||||||||
| Organisation of Teaching | Teaching takes place at Institute og Food and Resource Economics, Rolighedsvej 25, DK-1958 Frederiksberg C | ||||||||||||
| Language of Instruction | English | ||||||||||||
| Restrictions | The student must have a basic knowledge in general Microeconomics and in Production Economics corresponding to the course 290045 | ||||||||||||
| Course Content | |||||||||||||
| Part 1: Production functions and technology, nonparametric model of technology, cost functions, indirect production functions, distance functions, nonconvex models of technology, efficiency measurement and efficiency analysis, index numbers, productivity measurement, performance and economic analysis, mathematical tools Part II: Economic development and policy analysis, demand analysis, profit and cost function analysis, supply response, behaviour and welfare under risk, agricultural household models, transaction cost, multimarket models, general equilibrium models | |||||||||||||
| Teaching and learning Methods | |||||||||||||
| Private studies of recommended literature including excersises, and individual supervision | |||||||||||||
| Learning Outcome | |||||||||||||
| At the end of the course, the student will have knowledge production economic theory and the measurement of productivity and efficiency. The student will also will also have knowledge of models for quantitaitve economic analysis. The student will acquire skills to carry out empirical measurement of production performance, and will be able to build and to solve models for quantitative policy analysis, including agricultural household models. The student will acquire competences in choosing appropriate methods for measurement of production performance and will have competences in building models of the interaction between production and household behaviour. | |||||||||||||
| Course Literature | |||||||||||||
| Sadoulet, S. and Alain de Janvry (1995): Quantitative Development Policy Analysis. The John Hopkins University Press, Baltimore. (Read all except Cha. 7, 8, and 10), 306 pages Hackman, S. T. (2008): Production Economics. Springer-Verlag, Berlin, 520 pages. (read Part I, II and III (288 pages) | |||||||||||||
| Course Coordinator | |||||||||||||
| Jens Leth Hougaard, jlh@foi.dk, Institute of Food and Resource Economics/Production and Technology Unit, Phone: 353-36814 | |||||||||||||
| Other Lecturers | |||||||||||||
| Assistant professor Arne Henningsen | |||||||||||||
| Course Fee | |||||||||||||
| There is no course fee for PhD students from Danish universities. All others must pay a fee of 12.000 DKK | |||||||||||||
| Course Costs | |||||||||||||
| No course costs | |||||||||||||
| Type of Evaluation | |||||||||||||
| In order to pass the course, the participants must hand in a 15-page report at the end of the course and defend it an an oral examination | |||||||||||||
| Work Load | |||||||||||||
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