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Input-Output Analysis and Its Applications (BCPM0084)

Key information

Faculty
Faculty of the Built Environment
Teaching department
Bartlett School of Sustainable Construction
Credit value
15
Restrictions
This module is only available to students enrolled on the following programmes MSc Digital Innovation in Built Asset Management MSc Project and Enterprise Management Please note that places are limited on the optional modules and will be allocated to students on a first come first served basis.
Timetable

Alternative credit options

There are no alternative credit options available for this module.

Description

In economics, an input-output analysis is a quantitative economic model that represents the interdependence between different sectors of an economy or different regional economies. Wassily Leontief (1906–1999) earned the Nobel Prize in Economics for his development of this model. This technique forms an essential part of calculation in the UK National Income Accounts. In this module, you will learn the basic framework of input-output model. The model is used to analyse the environmental impacts of economic activities and estimate energy use and carbon emissions of construction industry from life-cycle perspective. This module aims to introduce the theory of input-output analysis and its applications in estimating environmental footprint.

Students will be provided with:

  • Brush-up of matrix algebra
  • Basic concepts in input-output modellingÌý
  • Technical coefficient
  • Total requirement coefficient
  • Leontief inverse
  • Environmental footprint using input-output modelling

At the end of the module, students will be able to:

  • Use Excel for matrix algebra
  • Understand interdependencies across sectors and regions
  • Analyse the environmental impacts of construction from life-cycle perspectives
  • Apply input-output analysis to a case study

Module deliveries for 2024/25 academic year

Intended teaching term: Term 2 ÌýÌýÌý Postgraduate (FHEQ Level 7)

Teaching and assessment

Mode of study
In person
Methods of assessment
100% Coursework
Mark scheme
Numeric Marks

Other information

Number of students on module in previous year
36
Module leader
Professor Zhifu Mi
Who to contact for more information
bssc.enquiries@ucl.ac.uk

Last updated

This module description was last updated on 8th April 2024.

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