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- School of Materials and Chemical Technology
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- School of Environment and Society
- 工学院，物質理工学院，環境・社会理工学院共通科目
- Liberal arts and basic science courses
- First-Year Courses
- School of Science
- School of Engineering
- School of Materials and Chemical Technology
- School of Computing
- School of Life Science and Technology
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School of Environment and Society
- Department of Architecture and Building Engineering
- Department of Civil and Environmental Engineering
- Department of Transdisciplinary Science and Engineering
- Department of Social and Human Sciences
- Department of Innovation Science
- Graduate major in Technology and Innovation Management
- Common courses
- Liberal arts and basic science courses
- Academic unit or major
- Graduate major in Global Engineering for Development, Environment and Society
- Instructor(s)
- Hanaoka Shinya
- Class Format
- Lecture
- Media-enhanced courses
- Day/Period(Room No.)
- Tue1-2(S513)
- Group
- -
- Course number
- GEG.P411
- Credits
- 1
- Academic year
- 2019
- Offered quarter
- 3Q
- Syllabus updated
- 2019/8/5
- Lecture notes updated
- -
- Language used
- English
- Access Index
-
Course description and aims
Infrastructures such as road are necessary for our daily life and economic growth, however environmental and other negative social cost must be minimized when investing in such infrastructures for a sustainable society. This course aims to provide the methods necessary to undertake project evaluation and cost benefit analysis based on a microeconomics background, in particular valuing non-market goods, and other technical issues. Case studies are also provided for understanding real world applications.
Student learning outcomes
Students can understand the concept and methods of project evaluation comprehensively.
Keywords
Project Evaluation, Cost Benefit Analysis, Benefit Estimation Method
Competencies that will be developed
| ✔ Specialist skills | Intercultural skills | Communication skills | ✔ Critical thinking skills | ✔ Practical and/or problem-solving skills |
Class flow
Lectures and a few exercises are provided in the course and the final exam is also taken.
Course schedule/Required learning
| Course schedule | Required learning | |
|---|---|---|
| Class 1 | Introduction to Project Evaluation | Economic Evaluation, Financial Evaluation |
| Class 2 | Foundations of Cost Benefit Analysis | Cost Function, Social Benefit |
| Class 3 | Valuing Benefit and Cost | Competitive Market, Monopoly |
| Class 4 | Net Present Value | Social Discount Rate |
| Class 5 | Valuing Impacts: Indirect Market Method(1) | Externality, Value of Time |
| Class 6 | Valuing Impacts: Indirect Market Method(2) | Hedonic Pricing, Travel Cost Method |
| Class 7 | Valuing Impacts: Stated Preference | Contingent Valuation Method |
Textbook(s)
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.
Reference books, course materials, etc.
Varian, H.R. (2010) Intermediate Microeconomics- A Modern Approach: 8th Edition, W.W.Norton and Company.
Assessment criteria and methods
Exercise (30), Final Examination (70)
Related courses
- CVE.D403
Prerequisites (i.e., required knowledge, skills, courses, etc.)
None
