Credits: 6

Schedule: 09.04.2018 - 13.04.2018

Teacher in charge (valid 01.08.2018-31.07.2020): 

Timo Kuosmanen

Teaching Period (valid 01.08.2018-31.07.2020): 

Not lectured in 2018-2019

V Spring (2019-2020) Otaniemi campus

Learning Outcomes (valid 01.08.2018-31.07.2020): 

Developing thorough understanding of the modern methodology of frontier estimation and efficiency analysis, and ability to apply the state-of-the-art estimation techniques to empirical data.

Content (valid 01.08.2018-31.07.2020): 

Topics covered in the course will include basic concepts related to the measurement of efficiency and productivity (criteria, objectives, dominance, efficiency, productivity, etc.). Classic data envelopment analysis (DEA) and stochastic frontier analysis (SFA) techniques will be discussed during the course, together with the modern nonparametric regression techniques. Topics of the course also include the estimation of contextual variables that affect efficiency.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

100 % term paper

Workload (valid 01.08.2018-31.07.2020): 

Lectures 30 h
Independent work 130 h
Total 160 h (6 ECTS)

Study Material (valid 01.08.2018-31.07.2020): 

Lecture notes and additional material are provided on the course website.

The following textbooks may be used as supplementary study material:
Coelli, T., D. Prasada Rao, G.E. Battese. (1998) An introduction to efficiency and productivity analysis. ISBN 0792380606

Course Homepage (valid 01.08.2018-31.07.2020): 

https://mycourses.aalto.fi/course/search.php?search=30E00300

Prerequisites (valid 01.08.2018-31.07.2020): 

Recommended 30C00200 Econometrics.

Grading Scale (valid 01.08.2018-31.07.2020): 

0-5

Registration for Courses (valid 01.08.2018-31.07.2020): 

via WebOodi

Description