Input-Output Analysis
Course features
Elective Course
Credits : 5
RE&D Department
Lecture Hours : 5
Lab Hours : 0
Autumn Semester
Teacher
Assistant Professor
His research interests include regional economics, quantitative methods in regional development, rural development, design and implementation of regional development policies, productivity and environment.
Professor
His research interests are in the areas of development economics, rural development, input-output analysis, and the application of new quantitative methods to investigate the impact of economic policies on rural development, economic convergence, and income distribution.
Course Content
Input-Output Analysis is a well-established method for economic analysis and planning. The objective of this course is to introduce students to the basic concepts and tools of the Input-Output Analysis as well as to empirical applications of the method for examining the production structure of an economic system (national, regional), evaluating economic development scenarios, analysing the effects of production activities on environment and energy consumption and forecasting at both macroeconomic and sectoral level.
Upon successful completion of the course students will be able to:
- understand the structure of the input-output tables, which are part of the national accounts, and their transformation into linear models for estimating sectoral multipliers
- construct regional, environmental and energy input-output models
- analyse and evaluate the structural changes of an economy
- estimate the effects of policy measures in terms of output and income generation and the creation of new jobs.