Production Economics
AGEC2103
This unit builds on microeconomic principles studied in first year and applies them to the analysis of firms' decisions. Emphasis is put on the formalization of the firm's problem and in the use of duality. The topics include: production functions (single and multi-output); distance functions and their use in the measurement of productivity; the decomposition of productivity and productivity changes; production under risk; cost and profit functions.N.B. Available to 2nd year students in the Faculty of Economics and Business
Unit of study details
Unit of study level: Intermediate
Credit points: 6
Commencing semesters: 1
Further unit of study information
Unit of study handbook: AGEC2103
Costs and scholarships information: Costs and Scholarships
Final dates to withdraw from units of study: Census Dates
Available for study abroad and exchange: Yes
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