Universität Wien

040148 UK Methods and Techniques of Applied Cost-Benefit Analysis (BA) (2016S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 30 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Monday 11.04. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 11.04. 13:15 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Monday 18.04. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 18.04. 13:15 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Monday 25.04. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 25.04. 13:15 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Monday 02.05. 09:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
Monday 02.05. 13:15 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Monday 09.05. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 09.05. 13:15 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Monday 23.05. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 23.05. 13:15 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Monday 30.05. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Monday 30.05. 13:00 - 14:45 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß

Information

Aims, contents and method of the course

After successfully completing this course the student should be able to:
1. Understand the basic purpose and economics principles underlying
social cost-benefit analysis.
2. Understand and apply investment appraisal techniques to the ranking
and choice of alternative projects under a range of circumstances.
3. Derive cash flows for CBA from financial accounts and statements.
4. Understand the need for and methods of shadow-pricing to perform
an Efficiency CBA.
5. Take into account a project's environmental costs and benefits and
their valuation using non-market valuation methods.
6. Understand the meaning of Referent Group Analysis and account for
the impact of a project on income distribution.
7. Take account of risk and uncertainty in CBA using sensitivity and
scenario analysis, and deriving threshold values.

Assessment and permitted materials

Combination of short assignments (take-home) to be undertaken during semester and final exam/test under examination conditions (closed-book).

Minimum requirements and assessment criteria

This course addresses a selection of issues of practical interest in costbenefit
analysis as a technique of investment appraisal and project
evaluation. The emphasis is on methods and techniques of applied financial,
economic and social cost-benefit analysis. The course work consists of
lectures and computer-based practical applications. Students will be
introduced to the use of spreadsheets (Excel) in undertaking a cost-benefit
analysis of a project. The practical sessions will be used to assist students in
preparing the assignments and case studies which form an integral part of
the course.

Examination topics

Reading list

H.F. Campbell and R.P.C. Brown Cost-Benefit Analysis: Financial and Economic Appraisal Using Spreadsheets, Second Edition, Oxford: Routledge 2015.

Recommended:
A.E. Boardman, D.H. Greenberg, A.R. Vining and D.L. Weimer, Cost-Benefit Analysis: Concepts and Practice, Fourth Edition, Prentice Hall, 2010.


Association in the course directory

Last modified: Mo 07.09.2020 15:28