Courses & Units

Evaluating Alternatives BEA206

Introduction

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.

Summary

Unit name	Evaluating Alternatives
Unit code	BEA206
Credit points	12.5
College/School	College of Business & Economics Tasmanian School of Business and Economics
Discipline	Economics
Coordinator	Doctor Dugald Tinch
Available as an elective?	Yes
Delivered By	University of Tasmania

Availability

Location	Study period	Attendance options		Available to
Hobart	Semester 2	On-Campus	Off-Campus	International International	Domestic Domestic

Key

: On-campus
: Off-Campus
: International students
: Domestic students

Key Dates

Study Period	Start date	Census date	WW date	End date
Semester 2	11/7/2022	9/8/2022	29/8/2022	16/10/2022

* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

Reflect upon and demonstrate broad theoretical and working knowledge of the assumptions and limitations of cost-benefit analysis.
Collaboratively work with peers to critically apply economic theory, analyse and evaluate economic issues.
Reflect upon the social and ethical implications of the of social cost-benefit analysis.
Communicate economics in oral and written formats.

Fee Information

Field of Education	Commencing Student Contribution ^1,3	Grandfathered Student Contribution ^1,3	Approved Pathway Course Student Contribution ^2,3	Domestic Full Fee ⁴
091901	$1,828.00	$1,432.00	not applicable	$2,354.00

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.

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BEA332

Teaching

Assessment	Assignment (20%)\|Presentation (20%)\|Assignment (60%)
Timetable	View the lecture timetable \| View the full unit timetable

Textbooks

Required	Required readings will be listed in the unit outline prior to the start of classes.
Links	Booktopia textbook finder

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