Evaluating Alternatives is a core advanced-level economics unit in all the economics majors offered by the Tasmanian School of Business and Economics. This unit builds on an understanding of 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 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 students to approaches to assessing the impact of particular projects on the economy. The aim is to give students a working knowledge of how multi-sector models are constructed and estimated, and of how predicted impacts should be interpreted. The unit also provides the theoretical knowledge required to understand the implications, and limitations, of benefit-cost analysis and impact assessment.
|Unit name||Evaluating Alternatives|
|Faculty/School||Tasmanian School of Business & Economics (TSBE)
|Discipline||Economics and Finance|
Dr Dugald Tinch
Dr Dugald Tinch
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* 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 2015 are indicative and subject to change. Finalised census dates for 2015 will be available from the 1st October 2014.
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|3||2015: $1,283.00||2015: $1,957.00||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.
1 x 2 hour lecture per week, 1 x 1 hour workshop per week.
Please check the unit outline for details.
|Timetable||View the lecture timetable | View the full unit timetable|
Booktopia textbook links
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