Terminated in academic year 2019/2020
Public sector economics and project evaluation
| Type of study | BachelorFollow-up Master |
|---|---|
| Language of instruction | English |
| Code | 156-0555/01 |
| Abbreviation | PSE |
| Course title | Public sector economics and project evaluation |
| Credits | 4 |
| Coordinating department | Department of Applied Economics |
| Course coordinator | Dr. Stefano Mainardi |
Subject syllabus
1 Time value of money
1a Introduction
1b Depreciation, depletion, amortization and cash flow
2 Economic evaluation methods
2a Present/annual/future worth, rate of return, breakeven, and increment cost analysis
2b Sensitivity and risk analysis
2c After-tax discounted cash flow, replacement, and leveraged investment analysis
2d Case studies (evaluation of mineral investment projects and chemical manufacturing projects)
3 Estimating investments and production costs
4 Social value and cost-benefit models
5 Principles of welfare economics for evaluation of public investment
6 Shadow prices
7 External effects, public investment, intangibles, and marginal cost of public funds
8 Distribution weights and social discount rate
9 Risk analysis for public investment evaluation
1a Introduction
1b Depreciation, depletion, amortization and cash flow
2 Economic evaluation methods
2a Present/annual/future worth, rate of return, breakeven, and increment cost analysis
2b Sensitivity and risk analysis
2c After-tax discounted cash flow, replacement, and leveraged investment analysis
2d Case studies (evaluation of mineral investment projects and chemical manufacturing projects)
3 Estimating investments and production costs
4 Social value and cost-benefit models
5 Principles of welfare economics for evaluation of public investment
6 Shadow prices
7 External effects, public investment, intangibles, and marginal cost of public funds
8 Distribution weights and social discount rate
9 Risk analysis for public investment evaluation
Literature
Brent, R.J. (2007/1997): Applied Cost-Benefit Analysis, E. Elgar, Cheltenham.
Advised literature
Black, P., E. Calitz, T. Steenekamp (Eds.) (2012): Public Economics, Oxford University Press, Cape Town.
Brent, R.J. (2009): Handbook of Research on Cost-Benefit Analysis, E. Elgar, Cheltenham.
Kirkpatrick, C., J. Weiss (Eds.) (1996): Cost-Benefit Analysis and Project Appraisal in Developing Countries, E. Elgar, Cheltenham.
Nas, T. (1996): Cost-Benefit Analysis: Theory and Applications, SAGE, London.
Pearce, D., C. Nash (1982): The Social Appraisal of Projects: A Text in Cost-Benefit Analysis, MacMillan, Basingstoke.
Ray, A. (1986): Cost-Benefit Analysis. Issues and Methodologies, J. Hopkins University Press.
Stermole, F.J. (1980): Economic Evaluation and Investment Decision Methods, Investment Evaluations Corp. (IEC), Golden, Colorado.
Vajpayee, S.K. (2001): Fundamentals of Economics for Engineering Technologists and Engineers, Prentice-Hall, New Jersey.
Brent, R.J. (2009): Handbook of Research on Cost-Benefit Analysis, E. Elgar, Cheltenham.
Kirkpatrick, C., J. Weiss (Eds.) (1996): Cost-Benefit Analysis and Project Appraisal in Developing Countries, E. Elgar, Cheltenham.
Nas, T. (1996): Cost-Benefit Analysis: Theory and Applications, SAGE, London.
Pearce, D., C. Nash (1982): The Social Appraisal of Projects: A Text in Cost-Benefit Analysis, MacMillan, Basingstoke.
Ray, A. (1986): Cost-Benefit Analysis. Issues and Methodologies, J. Hopkins University Press.
Stermole, F.J. (1980): Economic Evaluation and Investment Decision Methods, Investment Evaluations Corp. (IEC), Golden, Colorado.
Vajpayee, S.K. (2001): Fundamentals of Economics for Engineering Technologists and Engineers, Prentice-Hall, New Jersey.