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Cost-benefit Analysis, 6 credits

Samhällsekonomiska lönsamhetskalkyler, 6 hp

TEAE08

Course starting semester

Main field of study

Economics

Course level

First cycle

Course type

Programme course

Examiner

Pernilla Ivehammar

Director of studies or equivalent

Linnea Ingebrand

Education components

Preliminary scheduled hours: 48 h
Recommended self-study hours: 112 h

Possible deviation from course syllabus/programme syllabus

ECV = Elective / Compulsory / Voluntary

Course offered for		Semester	Period	Timetable module	Language	Campus	ECV
6CEMM	Energy-Environment-Management	9 (Autumn 2017)	1	3	Swedish	Linköping, Valla	E
6CEMM	Energy-Environment-Management (Energy)	9 (Autumn 2017)	1	3	Swedish	Linköping, Valla	E
6CEMM	Energy-Environment-Management (Environmental Technology)	9 (Autumn 2017)	1	3	Swedish	Linköping, Valla	E

Main field of study

Economics

Course level

First cycle

Advancement level

G2X

Course offered for

Energy-Environment-Management

Entry requirements

Note: Admission requirements for non-programme students usually also include admission requirements for the programme and threshold requirements for progression within the programme, or corresponding.

Prerequisites

Industrial economics and Organization. Resource theory.

Intended learning outcomes

After completing the course, students should

have extensive theoretical knowledge of the elements of micro and welfare theory that cost-benefit analysis are based on.
have knowledge of how cost-benefit analysis are used in practice.
have the ability to critically examine a cost-benefit analysis, and be able to conduct one themselves.
have knowledge of methods to estimate costs and benefits, both when there exists and when there do not exist market prices.
be aware of the problems and shortcomings that may be associated with cost-benefit analysis.

Course content

Welfare theoretical background
Implementation of cost-benefit analysis in theory and practice
Valuation of market goods and services in competitive markets and when there are market imperfections or taxes/subsidies.
Effects on secondary markets and indirect effects
Discounting, time horizon, risk and uncertainty
Methods to evaluate the benefits and costs when market prices are unavailable, ie revealed preferences methods and stated preferences methods
Empirical applications in different fields
Problems and limitations of cost-benefit analysis

Teaching and working methods

Lectures and exercises.

Examination

TEN1

Written examination

6 credits

U, 3, 4, 5

Grades

Four-grade scale, LiU, U, 3, 4, 5

Department

Institutionen för ekonomisk och industriell utveckling

Director of Studies or equivalent

Linnea Ingebrand

Examiner

Pernilla Ivehammar

Course website and other links

Education components

Preliminary scheduled hours: 48 h
Recommended self-study hours: 112 h

Course literature

Mattson, B. ”Kostnadsnyttoanalys för nybörjare”, Räddningsverket, 2006, ISBN 91-7253-286-6. Artiklar och kompendier

Code	Name	Scope	Grading scale
TEN1	Written examination	6 credits	U, 3, 4, 5

Regulations (apply to LiU in its entirety)

The university is a government agency whose operations are regulated by legislation and ordinances, which include the Higher Education Act and the Higher Education Ordinance. In addition to legislation and ordinances, operations are subject to several policy documents. The Linköping University rule book collects currently valid decisions of a regulatory nature taken by the university board, the vice-chancellor and faculty/department boards.

LiU’s rule book for education at first-cycle and second-cycle levels is available at http://styrdokument.liu.se/Regelsamling/Innehall/Utbildning_pa_grund-_och_avancerad_niva.

Student rights and obligations (login required)
Linköping University common rules and regulations (in Swedish)

Course literature is preliminary.

Mattson, B. ”Kostnadsnyttoanalys för nybörjare”, Räddningsverket, 2006, ISBN 91-7253-286-6. Artiklar och kompendier

Download

Download course literature list as PDF

Note: The course matrix might contain more information in Swedish.

I = Introduce, U = Teach, A = Utilize

		I	U	A	Modules	Comment
1. DISCIPLINARY KNOWLEDGE AND REASONING
	1.1 Knowledge of underlying mathematics and science (G1X level)
	1.2 Fundamental engineering knowledge (G1X level)
	1.3 Further knowledge, methods, and tools in one or several subjects in engineering or natural science (G2X level)
	1.4 Advanced knowledge, methods, and tools in one or several subjects in engineering or natural sciences (A1X level)
	1.5 Insight into current research and development work
2. PERSONAL AND PROFESSIONAL SKILLS AND ATTRIBUTES
	2.1 Analytical reasoning and problem solving
	2.2 Experimentation, investigation, and knowledge discovery
	2.3 System thinking
	2.4 Attitudes, thought, and learning
	2.5 Ethics, equity, and other responsibilities
3. INTERPERSONAL SKILLS: TEAMWORK AND COMMUNICATION
	3.1 Teamwork
	3.2 Communications
	3.3 Communication in foreign languages
4. CONCEIVING, DESIGNING, IMPLEMENTING AND OPERATING SYSTEMS IN THE ENTERPRISE, SOCIETAL AND ENVIRONMENTAL CONTEXT
	4.1 External, societal, and environmental context
	4.2 Enterprise and business context
	4.3 Conceiving, system engineering and management
	4.4 Designing
	4.5 Implementing
	4.6 Operating
5. PLANNING, EXECUTION AND PRESENTATION OF RESEARCH DEVELOPMENT PROJECTS WITH RESPECT TO SCIENTIFIC AND SOCIETAL NEEDS AND REQUIREMENTS
	5.1 Societal conditions, including economic, social, and ecological aspects of sustainable development for knowledge development
	5.2 Economic conditions for knowledge development
	5.3 Identification of needs, structuring and planning of research or development projects
	5.4 Execution of research or development projects
	5.5 Presentation and evaluation of research or development projects

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