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Nov 01, 2024
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ECON 667 - Project Analysis Units: 4 Benefit-cost analysis applied to resource allocation and planning. Applications to such areas as education, manpower programs, medical care, transportation, and non-profit enterprises.
Prerequisites: Post-baccalaureate standing. Possible Instructional Methods: On-ground. Grading: A-F grading only. Student Learning Outcomes - Upon successful completion of this course students will be able to: - Understand the theory and practice of project evaluation.
- Explain the conceptual basis of cost-benefit analysis.
- Understand the tradeoffs between economic efficiency and equity.
- Use cost-benefit analysis and cost-effectiveness analysis to assess a public or private project.
- Use risk, uncertainty, and sensitivity analysis to enhance a typical project evaluation.
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