Courses & Units

Evaluating Alternatives BEA332

Hobart

Note:

Introduction

BEA332 Evaluating Alternatives is an advanced level economics unit offered by the Tasmanian School of Business and Economics. BEA332 builds on microeconomic concepts to provide students 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 students with the knowledge and skills needed to contribute to this process and provides a comprehensive foundation for advanced study in the area. The unit emphasises the 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 unit also provides the theoretical as well as a working knowledge required to understand the implications, and limitations, of benefit-cost analysis and impact assessment. BEA332 Evaluating Alternatives is a core, advanced level undergraduate unit in all economics majors offered by the Tasmanian School of Business and Economics.

Summary

Unit name Evaluating Alternatives
Unit code BEA332
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance
Coordinator

Dr Dugald Tinch

Teaching staff

Level Advanced
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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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.

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 24/2/2020 23/3/2020 13/4/2020 31/5/2020

* 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 (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

  • LO1: Reflect upon and demonstrate broad theoretical and working knowledge of the assumptions and limitations of cost-benefit analysis.
  • LO2: Collaboratively work with peers to critically apply economic theory, analyse and evaluate economic issues.
  • LO3: Reflect upon the policy and ethical implications of the assessment of social cost-benefit analysis.
  • LO4: Communicate economics in oral and written formats.

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,354.00 091901

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Requisites

BEA332 Evaluating Alternatives is an advanced-level undergraduate economics unit. If you have not completed a year of units at a 200 level you should contact the unit coordinator prior to enrolment to discuss expectations in BEA332.

In addition to the knowledge and other competencies gained in prerequisite units, it is expected that students are proficient in:

  • English language skills, including referencing (http://www.learningsupport.utas.edu.au/Resources/referencing.htm)
  • The use of  Excel spread sheets

Prerequisites

BEA111

Teaching

Teaching Pattern

1 x 2 hour lecture per week, 1 x 1 hour tutorial per week.  Please check the unit outline for details.

Assessment

Assignment (60%), Executive summary (20%), Presentation (20%).

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

There is no prescribed text for this unit – weekly readings will be given in the lecture materials.

Recommended

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.