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Cost Benefit Analysis (11208.1)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands: 2, 3
Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society

Availability

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Unit Outlines

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  • 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.

Syllabus

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.

Prerequisites

11175 Introduction to Economics.

Corequisites

None.

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

None.

Equivalent Units

6353 Project Evaluation and Management.



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