eco3cba cost benefit analysis
COST-BENEFIT ANALYSIS
ECO3CBA
Not currently offered
Credit points: 15
Subject outline
In this subject the approaches and techniques for evaluating the introduction of projects and policy change are studied. Evaluation is considered in terms of both financial analysis and social cost benefit analysis. The relevant economic theory spans applied welfare economics, and partial and general equilibrium analysis. Particular topics covered include: the rate of discount; distributional consequences of projects; risk and uncertainty; valuing non-marketed goods; the value of life and health; and the value of travel time. The way in which spreadsheets can be used for calculation, analysis and presentation of project appraisals is explained. Practical experience is obtained through exercises and computer laboratory sessions.
FacultyFaculty of Business, Economics and Law
Credit points15
Subject Co-ordinatorJoanna Poyago-Theotoky
Available to Study Abroad StudentsYes
Subject year levelYear Level 3 - UG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites ECO2MIT or ECO2MEC or ECO2CFC
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Cost-benefit analysis: concepts and practice | Prescribed | Boardman, A. E., et al. | 3RD EDN. PRENTICE HALL, UPPER SADDLE RIVER, NJ 2006 |
Subject options
Select to view your study options…