This course aims to provide the methods necessary to undertake project evaluation and cost benefit analysis for sustainable infrastructure. The methods comprise of microeconomics background, cost benefit analysis, valuing market and non-market goods, and other technical issues. Case studies of various infrastructures are also provided.
This course aims to provide the methods necessary to undertake project evaluation and cost benefit analysis for sustainable infrastructure. The methods comprise of microeconomics background, cost benefit analysis, valuing market and non-market goods, and other technical issues. Case studies of various infrastructures are also provided.
1.Introduction to Project Evaluation
2.Foundations of Cost Benefit Analysis
3.Valuing Benefits and Costs in Primary Markets
4.Discounting Benefit and Cost, Existence Value
5.Valuing Impacts: Observed Behavior
6.Valuing Impacts: Contingent Valuation
7.Cost Effective Analysis, How Accurate
Boardman, A. E., Greenberg, D. H., Vining, A. R. and Weimer, D. L. (2010)
Cost Benefit Analysis: Concepts and Practice (4th Edition), Prentice Hall College.
Varian, H.R. (2003)
Intermediate Microeconomics: A Modern Approach 6th Edition,
W.W.Norton and Company.
UNESCAP (2007)
Sustainable Infrastructure in Asia -Overview and Proceedings-.
70029 Introduction to Economics for Engineers (Dr. Abe)
Presentation, Report, Midterm and Final Exam.