Postgraduate Course: Project Appraisal (PGGE11005)
Course Outline
| School | School of Geosciences |
College | College of Science and Engineering |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | This course is primarily focused on social cost-benefit analysis (a tool that is commonly used within the appraisal of environmental, social, and international development projects). Accordingly, this course covers the following topics: supplementary project appraisal tools such as the logical framework, the background theory to CBA, the use of market-based costs and benefits in CBA, the assessment of non-market benefits and costs (with a focus on environmental features and human health), discounting, CBA decision criteria, and sensitivity analysis. Examples are presented from both developed countries and developing countries. There is a practical exercise in which students complete a mini-CBA, and an essay in which students critical appraise elements of a CBA conducted in the context of international development projects. Weekly optional tutorial will also be held to further assist student learning. |
| Course description |
Not entered
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Information for Visiting Students
| Pre-requisites | None |
Course Delivery Information
| Not being delivered |
Learning Outcomes
1. You will learn to undertake a simple and complete cost benefit analysis exercise.
2. You will have the basic knowledge needed to critically appraise real-world cost benefit analyses.
3. You will gain an insight into market and non-market valuation of benefits and costs.
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Reading List
Boardman, A.E., Greenberg, D.H., Vining, A.R., and Weimer, D.L. (2006) Cost-Benefit Analysis, 2nd edition, ISBN 0-13-087178-8 Pearson Education, Prentice Hall.
Richard O. Zerbe., Bellas, and A.S. (2007). A Primer for Benefit-cost Analysis. Edward Elgar Publishing.
Additional Text:
Brent, R. J. Cost-Benefit Analysis for Developing Countries. Edward Elgar Publishing.
Campbell, H. and Brown, R. (2003) Benefit-Cost Analysis: Financial and Economic Appraisal Using Spreadsheets, 2003, Cambridge University Press, ISBN0521528984.
Curry, S and Weiss, J. (2002) Project Analysis in Developing Countries. The Macmillan Press Ltd.
Finzi, U (1994) The World Bank and Project Analysis: An Introduction, EDI Publication, Washington, D.C.: World Bank.
Hanley, N and Spash, C (1993). Cost Benefit Analysis and the Environment. Edward Elgar. Cambridge University Press.
Overseas Development Administration. Appraisal of Projects in Developing Countries. A Guide for Economists. HMSO Publications.
Potts, D. (2002) Project Planning and Analysis for Development. Lynne Reinner Publishers, ISBN1555876560.
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Contacts
| Course organiser | Mrs Elspeth Martin
Tel: 0131 535 4198
Email: |
Course secretary | Mrs Elspeth Martin
Tel: 0131 535 4198
Email: |
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