IDEC 8064 Masters Microeconomics

Contents

Weeks 1-2: Basic Production Theory, Costs and Profits

T. Coelli, P. Rao and G. Battese, An Introduction to Efficiency and Productivity Analysis,
Boston: Kluwer, 2003, pp. 11-37. ...................................................................................................... 1
O. de la Grandville, Economic Growth: A Unified Approach, New York: Cambridge,
2009, pp. 31-37, 48-50. ..................................................................................................................... 15
Week 3: Basic General Equilibrium Theory
P. Layard and A. Walters, Microeconomic Theory, New York: McGraw-Hill, 1978, pp. 63-81. .... 21
E. Silberberg and W. Suen, The Structure of Economics: A Mathematical Analysis,
3rd edition, Boston: McGraw-Hill, 2001, pp. 537-50. ..................................................................... 31
Weeks 4-5: Cost and Profit Functions and Duality
E. Silberberg and W. Suen, The Structure of Economics: A Mathematical Analysis,
3rd edition, Boston: McGraw-Hill, 2001, pp. 74-82, 151-56, 175-211. .......................................... 39
T. Coelli, P. Rao and G. Battese, An Introduction to Efficiency and Productivity Analysis,
Boston: Kluwer, 2003, 39-67. ........................................................................................................... 67
Week 6: Stochastic Production and Cost Frontiers
T. Coelli, P. Rao and G. Battese, An Introduction to Efficiency and Productivity Analysis,
Boston: Kluwer, 2003, pp. 183-192. ................................................................................................. 82
R. Q. Grafton, J. Kirkley, T. Kompas and D. Squires, Economics for Fisheries Management,
London: Ashgate, 2006, pp. 1-13, 57-74........................................................................................... 88
Week 7: Applications of Stochastic Frontiers
T. Kompas, N. Che and R. Q. Grafton, Technical efficiency effects of input controls:
evidence from Australias banana prawn fishery, Applied Economics, 2004, 36, 1631-41. ......... 105
T. Kompas and N. Che, Efficiency gains and cost reductions from individual transferable
quotas, Journal of Productivity Analysis, 2005, 23, 285-307. ....................................................... 116
Week 8: Index Number Methods and Applications
T. Coelli, P. Rao and G. Battese, An Introduction to Efficiency and Productivity Analysis,
Boston: Kluwer, 2003, pp. 69-81. .................................................................................................. 140

R. Q. Grafton, J. Kirkley, T. Kompas and D. Squires, Economics for Fisheries Management,

London: Ashgate, 2006, pp. 105-114. ............................................................................................. 147
T. Kompas, N. Che, H. Nguyen, Q. Nguyen, Productivity, net returns and efficiency: Land
and market reform in Vietnamese rice production, Crawford School of Economics and
Government, ANU, 2010. ............................................................................................................... 153
Weeks 9-10: Consumer Theory and Basic Welfare Measures
E. Silberberg and W. Suen, The Structure of Economics: A Mathematical Analysis,
3rd edition, Boston: McGraw-Hill, 2001, pp. 252-86. .................................................................... 191
P. Layard and A. Walters, Microeconomic Theory, New York: McGraw-Hill, 1978,
pp. 123-160..................................................................................................................................... 209
Week 11: Optimal Control Theory and Intertemporal Consumption
M. Hoy, J. Livernois, C. McKenna, R. Rees and T. Stengos, Mathematics for Economists,
New York: Addison-Wesley, 1996. Chapter 25. ............................................................................ 229
E. Silberberg and W. Suen, The Structure of Economics: A Mathematical Analysis,
3rd edition, Boston: McGraw-Hill, 2001, pp. 368-91. .................................................................... 271
Week 12: Applications of Economic Dynamics
N. Che, T. Kompas and N. Vousden, Incentives and static and dynamic gains from market
reform: Rice production in Vietnam, Australian Journal of Agricultural and Resource
Economics, 2001, 547-72. ............................................................................................................... 283
R. Grafton, T. Kompas, L. Chu and N. Che, Maximum economic yield, Australian
Journal of Agricultural and Resource Economics, 54, 2010, 273-80. ............................................ 309
T. Kompas, R, Grafton and N. Che, Bioeconomic losses from harvesting tuna,
Conservation Letters, 3, 2010, 177-83. ........................................................................................... 317
Week 13: Uncertainty
P. Layard and A. Walters, Microeconomic Theory, New York: McGraw-Hill, 1978,
pp. 351-73, 382-90. ......................................................................................................................... 324
E. Silberberg and W. Suen, The Structure of Economics: A Mathematical Analysis,
3rd edition, Boston: McGraw-Hill, 2001, pp. 394-410. .................................................................. 341