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Cost-benefit analysis (6 points)


Leader: Professor Peter Forsyth

Clayton Second semester 2004 (Day)

Synopsis: Topics include development and application of microeconomic theory for the economic evaluation of (public) sector investment projects and policies; investment analysis and criteria, discounting techniques; shadow pricing, social discount rates, distribution issues, secondary benefits, risk and uncertainty

Assessment: Written (3000-word essay): 40% + Examination (3 hours): 60%

Contact Hours: Two 1.5 hour lectures per week

Prerequisites: ECC4650 or equivalent

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