| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Should be able to identify and quantify benefits and costs of project.
- Should know the principles of quantifications of benefits and cost of a project.
- Should be able to shadow price the inputs and outputs of a project.
- Should be able to identfy, according to various project appraisal methods, the best alternative among projects.
- Whenever more than one project can be implemented,he/she should be able to prioritize the projects according to various appraisal methods.
- Should be able to identify the cost-effective alternative.
- Should be able to appraise private sector projects.
- Should be able to identify the best alternative under uncertainity using the various project evaluation methods.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course mainly examines the analysis that shows the sum of the benefits such as financial gain the costs of a project done by businesses. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Benefit-Cost Analysis: Introduction and Overview |
|
2nd Week |
Investment Appraisal: Principles |
|
3rd Week |
Investment Appraisal: Decision Rules |
|
4th Week |
Private Benefit- Cost Analysis: Financial Analysis |
|
5th Week |
Efficiency Benefit-Cost Analysis |
|
6th Week |
Efficiency Benefit-Cost Analysis |
|
7th Week |
Midterm |
|
8th Week |
Consumer and Producer Surplus in Benefit-Cost Analysis |
|
9th Week |
Valuing Traded and Non-Traded Commodities in Benefit- Cost Analysis |
|
10th Week |
Valuing Traded and Non-Traded Commodities in Benefit- Cost Analysis |
|
11th Week |
Incorporating Risk in Benefit- Cost Analysis |
|
12th Week |
The Social Discount Rate, Cost of Public Funds and the Value of Information |
|
13th Week |
Valuation of Non-marketed Goods |
|
14th Week |
Calculating Net Benefits to the Referent Group |
|
| Recommended or Required Reading | Harry Campbell and Richard Brown, Benefit-Cost Analysis: Financial and Economic Appraisal Using Spread Sheets. Cambridge: Cambridge University Press, First Publ. 2003, reprint 2007.
Supplementary Book:
E.J. Mishan and Euston Quah, Cost- Benefit Analysis. London: Routledge, 2007.
|
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Total(%) |
|
40 |
| Contribution of In-term Studies to Overall Grade(%) |
|
40 |
| Contribution of Final Examination to Overall Grade(%) |
|
60 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
0 |
0 |
0 |
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
30 |
30 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
25 |
25 |
| Laboratory (including preparation) |
0 |
0 |
0 |
| Final exam |
1 |
1 |
1 |
| Homework |
0 |
0 |
0 |
| Total Work Load | 141 |
| Total Work Load / 30 (h) | 4.7 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | English |
|---|
| Work Placement(s) | No |
|---|
