ECC4790 - Cost-benefit analysis

Leader: Professor Peter Forsyth

Offered

Clayton Second semester 2007 (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; Pareto potential improvement criterion, shadow pricing, social discount rates, distribution issues, secondary benefits, risk and uncertainty, cost-effectiveness.

Assessment

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

Contact hours

Three contact hours per week

Prerequisites

ECC4650 or equivalent