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Project Evaluation for Sustainable Infrastructure
( hanaoka shinya  )


Wed 3-4Session I4-B04/05

Credits  Lecture:2  Practice:0  Experiment:0 / code:70030
Update : 2011/6/15
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Spring Semester

Outline of lecture
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.
Purpose of lecture
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.
Plan of lecture
1. Introduction to Project Evaluation
2. Basics of Microeconomic Theory
3. Foundations of Cost Benefit Analysis
4. Valuing Benefits and Costs in Primary Markets
5. Valuing Benefits and Costs in Secondary Markets
6. Discounting Benefit and Costs
7. Existence Value
8. Valuing Market Goods
9. Valuing Non-Market Goods: Revealed Preference
10.Valuing Non-Market Goods: Stated Preference
11.Related Methods and Accuracy
12.Case Studies: Transport Infrastructures
13.Case Studies: Other Infrastructures
Textbook and reference
Boardman, A. E., Greenberg, D. H., Vining, A. R. and Weimer, D. L. (2006)
Cost Benefit Analysis: Concepts and Practice (3rd Edition), Prentice Hall College.

United Nations (2003)
Cost Benefit Analysis of Transport Infrastructure Projects.

Pearce, D., Atkinson, G. and Mourato, S. (2006)
Cost-Benefit Analysis and the Environment: Recent Developments, OECD Publishing.

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-.
Related and/or prerequisite courses
70029 Introduction to Economics for Engineers (Dr. Abe)
Evaluation
Attendance, Presentation and Report, and Final Exam.

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