2019 Project Evaluation for Sustainable Society

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Academic unit or major
Graduate major in Global Engineering for Development, Environment and Society
Instructor(s)
Hanaoka Shinya 
Course component(s)
Lecture
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

Intercultural skills Communication skills Specialist 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

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