Courses & Units

Evaluating Alternatives BEA332


This unit is being phased out and may not be offered next year, please consider your study plan accordingly. You will be able to enrol in the unit where there is an availability noted below.



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.


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

Dr Dugald Tinch

Teaching staff

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


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


International students
Domestic students

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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.

Special approval is required for enrolment into TNE Program units.

TNE Program units special approval requirements.

Key Dates

Study Period Start date Census date WW date End date
Semester 1 22/2/2021 23/3/2021 12/4/2021 30/5/2021

* 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).

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.


Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
091901 $1,812.00 $1,419.00 not applicable $2,354.00

1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
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 this page to get an indicative course cost.


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 (
  • The use of  Excel spread sheets




Teaching Pattern

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


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

TimetableView the lecture timetable | View the full unit timetable



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


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