Postgraduate Course: Project Appraisal (PGGE11005)
|School||School of Geosciences
||College||College of Science and Engineering
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Available to all students
|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.
Entry Requirements (not applicable to Visiting Students)
||Other requirements|| None
Information for Visiting Students
Course Delivery Information
|Not being delivered|
| 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.
|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.
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.
|Course organiser||Mrs Elspeth Martin
Tel: 0131 535 4198
|Course secretary||Mrs Elspeth Martin
Tel: 0131 535 4198