Hobart
This unit has been discontinued.
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 2020
| 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 | |
| Level | Advanced |
| Available as student elective? | No |
| Breadth Unit? | No |
Availability
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.
Special approval is required for enrolment into TNE Program units.
TNE Program units special approval requirements.
* 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).
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
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%). |
| Timetable | View 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.