Cost-Benefit Analysis - ECO00009I

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Module will run

Occurrence	Teaching period
A	Autumn Term 2022-23

Module aims

To aid students understanding of the principles and application of CBA by researchers and governments.
In particular, students will be introduced to appropriate analytical frameworks to:

• Appreciate recent theoretical debate
• Evaluate empirical evidence
• Contribute to the current policy debate

Module learning outcomes

To understand the basic principles and introductory application of CBA by researchers and governments, including:

• Undertaking an elementary cost-benefit analysis in the appraisal of, for example, transport networks, environmental damage.
• Appreciating the techniques used to value goods and services for which markets may not exist (for example pollution, free access facilities, healthcare)
• Policy evaluation

This is a second year applied economics course, students should have already successfully completed Economics 1 or the equivalent.

Indicative assessment

Task	% of module mark
Closed/in-person Exam (Centrally scheduled)	100

Special assessment rules

None

Indicative reassessment

Task	% of module mark
Closed/in-person Exam (Centrally scheduled)	100

Module feedback

Feedback will be returned to students in accordance with University guidelines.

Indicative reading

Please refer to the module VLE site.