Benefit-Cost Analysis

• AGRI90068
• Contact Hours: This subject is taught using multimedia teaching techniques and is based around business case studies. There is no face-to-face contact for this subject.
  Total Time Commitment: 112 hours This subject is run over an 8-week period as opp
• 12.50

In this subject students will be introduced to the theory and practice of social benefit cost analysis. The subject will include: revision of foundation economic principles underlying social benefit cost analysis; principles of investment; discounting the effects of time on the value of benefits and costs; rationale for identification of primary and secondary benefits and costs; methods of valuation - market and non-market valuation; validity of multiplier effects; accounting for risk and uncertainty an analyses. A benefit cost analysis of a significant public investment project will be conducted. -- Course Website

Prerequisites: None