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ECC4790 - Cost-benefit analysis

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate, Postgraduate Faculty of Business and Economics

Leader: Professor Peter Forsyth


Clayton Second semester 2007 (Day)


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; Pareto potential improvement criterion, shadow pricing, social discount rates, distribution issues, secondary benefits, risk and uncertainty, cost-effectiveness.


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

Contact hours

Three contact hours per week


ECC4650 or equivalent