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Cost Benefit Analysis (11208.1)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands:

Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021)

Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society


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As a result of the Australian Government's and or the ACT Government’s directives requiring physical distancing and restrictions on movement because of the COVID-19 pandemic, you may find that learning activities and/or assessment items in some units you are studying have changed. These changes will not be updated in the published Unit Outline but will be communicated to you via your unit’s UCLearn(Canvas) teaching site. The new learning activities and/or assessment items will continue to meet the unit's learning outcomes, as described in the Unit Outline.

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Unit Outlines

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  • Semester 1, 2021, ON-CAMPUS, GBCA-MELB (204338) - View
  • Semester 1, 2021, FLEXIBLE, BRUCE (203955) - View
  • Semester 1, 2020, ON-CAMPUS, BRUCE (193785) - View
  • Semester 1, 2019, ON-CAMPUS, BRUCE (184605) - View

If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.


This unit provides an investment analysis of the viability of social and economic projects or programs with a view of informing and guiding decision making. Cost benefit analysis uses microeconomic theory to determine whether society will be better off or worse off in aggregate if a particular project goes ahead. Particular attention is paid to incorporating the non-monetary costs and benefits of a project.

Learning Outcomes

After successful completion of this unit, students will be able to:

1. Write a Cost Benefit Analysis report that is suitable for public policy; and

2. Explain the principles behind cost benefit analysis.

Assessment Items

Contact Hours

One 2 hour lecture and one 1 hour tutorial on-campus per week.


11175 Introduction to Economics.



Assumed Knowledge

This unit requires prior exposure to basic microeconomic principles and theories, which are covered in the pre-requisite Introduction to Economics.

Incompatible Units


Equivalent Units

6353 Project Evaluation and Management.

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