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Economic Measurement (ECO-AD-ECNMSM)

ECO-AD-ECNMSM


Department ECO
Course category ECO Advanced courses
Course type Course
Academic year 2022-2023
Term BLOCK 2
Credits 1 (EUI Economics Department)
Professors
Contact Simonsen, Sarah
Sessions

20/01/2022 15:00-17:00 @ Seminar Room 3rd Floor,V. la Fonte

21/01/2022 15:00-17:00 @ Outside EUI premises

07/11/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

14/11/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

28/11/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

29/11/2022 9:00-11:00 @ Conference Room, Villa la Fonte

05/12/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

08/12/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

09/12/2022 9:00-11:00 @ Seminar Room 3rd Floor,V. la Fonte

12/12/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

13/12/2022 9:00-11:00 @ Seminar Room 3rd Floor,V. la Fonte

13/12/2022 9:00-11:00 @ Seminar Room 3rd Floor,V. la Fonte

15/12/2022 15:30-17:30 @ Seminar Room 3rd Floor,V. la Fonte

Purpose

Economic Measurement

Tom Crossley ([email protected]); Sule Alan ([email protected])
A first course in Economic Measurement, covering both "micro" and "macro" topics.

Topic 1 (2 lectures)

I
ntroduction to National Accounting: Output, income and expenditure GDP; Intermediate consumption and value added. Supply-use balancing. Sectoral accounts. National and sectoral balance sheets. Lequiller and Blades (2014), chapters 1, 4-8, and 10; Lecture notes and additional assigned readings.

Topic 2 (2-3 lectures)
Price-Volume Decomposition: Price and quantity Indices. Axiomatic and economic approaches. The CPI in practice. Multilateral price indices and international comparisons. Lequiller and Blades (2014), chapters 2 and 3; Lecture notes and additional assigned readings.

Topic 3 (1 lecture)
The Labour Market: Labour market states and labour market ows. Lecture notes and assigned readings. Topic 4 (1-2 lectures)
Investment, Capital and Productivity: Measuring investment. Estimation of the capital stock. Productivity measurement.
Lecture notes and assigned readings.

Topic 4 ( lecture)
Investment, Capital and productivity: Measuring Investment. Estimation of the capital stock. Productivity measurment.
Lectures notes and assigned reading.

Topic 5 (1-2 lectures)
Poverty and Inequality: Household income, consumption and wealth. Poverty lines and measures. Inequality measures.
Lecture notes and assigned readings.

Topic 6 (1-lecture)
Item Response Theory: Construction and tests and scales.
Lecture notes and assigned readings.

Topic 7 (4 lectures)
Measuring Economic Preferences: Risk preferneces and Time Preferences. Incentivized
measures and survey measures.

Topic 8 ( lectures)
Measuring Social Preferences:
Lecture notes and assigned readings.

Exercise classes
No exercise classes

Teaching material
 Lequiller, F. and D. Blades, (2014). Understanding National Accounts, 2nd Ed. OECD. (available here: http://www.oecd.org/std/UNA-2014.pdf)
 Selected journal articles and additional reading assigned with each lecture.
 Lecture notes provided by the instructor.

Evaluation
 Problem set (30%)
 Final project (70%)

 

Description

 see under aims

Register for this course

Page last updated on 21 September 2018

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