COURSE UNIT TITLE

: COST-BENEFIT ANALYSIS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
UEC 4217 COST-BENEFIT ANALYSIS ELECTIVE 3 0 0 5

Offered By

Economics (English) (UOLP-New York State University (Suny Albany))

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

DOCTOR ŞULE GÜNDÜZ ÖZGÜR

Offered to

Economics (English) (UOLP-New York State University (Suny Albany))

Course Objective

The class gives information about the basic understanding of projects, project evaluation techniques and selection criteria, and cost-benefit analysis. It also provides the techniques on the steps of project management and planning, guiding students for any size organization to handle projects of all sizes.

Learning Outcomes of the Course Unit

1   recognize when a cost benefit analysis may be performed in a meaningful way by lectures
2   Identify limitations in modeling assumptions, data or political concerns that may compromise the validity of the study by real world examples and numerical and mathematical tools
3   Perform the project evaluation analysis as completely as possible, given relevant modeling assumptions or approximations by using numerical and mathematical tools
4   Be able to communicate the results of the cost-benefit analysis to stakeholders in such a way as to facilitate political or administrative processes by prepare a project
5   make presentation of the group project by constructing research on real world problems

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction
2 Cost-Benefit Analysis - I
3 Cost-Benefit Analysis - II
4 Project Evaluation and Discounting, Compound Interest Formulas
5 Comparison of Alternatives, Equivalent Worth Methods
6 Tax and Depreciation Effects
7 Valuing Benefits and Costs When Demand and Supply Curves are Known
8 Valuing Benefits and Costs of Non market goods and services
9 Social Discount Rate
10 Dealing with Uncertainty
11 Distributional Considerations
12 Student Presentations of projects
13 Student presentations of projects
14 Student presentations of projects

Recomended or Required Reading

1. A. Shtub, J. F. Board, S. Globerson, Project Management, Prentice Hall, 1994 (SBG)
2. A.E. Boardman, D. H. Greenberg, A. R. Vinig, D. L. Weimer, Cost-Benefit analysis: Concepts and Practice, Prentice Hall, 1996 (BGVW)
3. J. P. Lewis, The Project Manager's Desk Reference: A comprehensive Guide to Project Planning, Scheduling, Evaluation, and Systems, McGraw Hill, 2000 (JPL)

Planned Learning Activities and Teaching Methods

1. In-class discussions
2. Readings.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 TP TermProject
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.30 +TP * 0.30 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 +TP * 0.30 + RST * 0.40


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will be able to perform cost benefit analysis by using necessary numerical and mathematical tools
2. The learner will evaluate different alternative projects
3. The learner will make research on real world problems or projects, prepare a project and present the cost-benefit analysis of the project.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 12 1 12
Preparation for midterm exam 1 15 15
Preparing assignments 5 3 15
Preparing assignments 1 30 30
Preparing presentations 1 10 10
Midterm 1 2 2
TOTAL WORKLOAD (hours) 126

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.13234422
LO.2433334434
LO.31555144435
LO.444555153432
LO.555554252224

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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