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DRPS : Course Catalogue : School of Geosciences : Postgraduate Courses (School of GeoSciences)

Postgraduate Course: Project Appraisal (PGGE11005)

Course Outline
SchoolSchool of Geosciences CollegeCollege of Science and Engineering
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThis 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
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Information for Visiting Students
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.
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.
Additional Information
Course URL
Graduate Attributes and Skills Not entered
KeywordsProject Appraisal - Cost benefits analysis, project cycle, logical framework, welfare, discounting,
Course organiserMrs Elspeth Martin
Tel: 0131 535 4198
Course secretaryMrs Elspeth Martin
Tel: 0131 535 4198
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