This unit builds on an understanding of microeconomic concepts in order to provide you with an introduction to several widely-applied economic evaluation and impact-assessment methods. Informing decision-makers about how best to allocate scarce resources is a key role for economists in both the private and public sectors. This unit equips you with the knowledge and skills needed to contribute to this process, and provides a comprehensive foundation for advanced study in the area. The first module of the unit emphasises development of the practical skills required to conduct and critique a simple benefit-cost analysis of a project or program, including the ability to organise and present a benefit-cost analysis report effectively. The second module introduces you to approaches for assessing the impact of particular projects on the economy. The aim is to give you a working knowledge of how multi-sector models are constructed and estimated, and of how predicted impacts should be interpreted. The unit also provides you with the theoretical knowledge required to understand the implications, and limitations, of benefit-cost analysis and impact assessment.
|College of Business & Economics
Tasmanian School of Business and Economics
|Doctor Clinton Levitt
|Available as an elective?
|University of Tasmania
- International students
- Domestic students
Please check that your computer meets the minimum System Requirements if you are attending via Distance/Off-Campus.
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- Reflect upon and demonstrate broad theoretical and working knowledge of the assumptions and limitations of cost-benefit analysis.
- Apply economic theory, analyse and evaluate economic issues.
- Reflect upon the social and ethical implications of the of social cost-benefit analysis.
- Communicate economic concepts in oral and written formats.
|Field of Education
|Commencing Student Contribution 1,3
|Grandfathered Student Contribution 1,3
|Approved Pathway Course Student Contribution 2,3
|Domestic Full Fee 4
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
You cannot enrol in this unit as well as the following:BEA332
|Executive Summary of Cost-Benefit Report (25%)|Proposal Presentation (25%)|Cost-Benefit Report (50%)
|View the lecture timetable | View the full unit timetable
Any Required Readings are those provided by your Unit Coordinator.
Recommended Readings will be provided by your Unit Coordinator.
|Booktopia textbook finder
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.