Cost-Benefit Analysis, 7.5 credits

Samhällsekonomiska lönsamhetskalkyler, 7.5 hp

770G23

Main field of study

Economics

Course level

First cycle

Course type

Single subject and programme course

Examiner

Pernilla Ivehammar

Course coordinator

Pernilla Ivehammar

Director of studies or equivalent

Camilla Strömbäck

Contact

ECV = Elective / Compulsory / Voluntary
Course offered for Semester Weeks Language Campus ECV
Single subject course (Full-time, Day-time) Spring 2021 202109-202113 Swedish Linköping
Single subject course (Full-time, Day-time) Spring 2021 202109-202113 Swedish Linköping
F7KPO Bachelor´s Programme in Political science and economics (Economics) 4 (Spring 2021) 202109-202113 Swedish Linköping C
F7YEF Business and Economics Programme - International - French (Economics) 6 (Spring 2021) 202109-202113 Swedish Linköping E
F7YET Business and Economics Programme - International - German (Economics) 6 (Spring 2021) 202109-202113 Swedish Linköping E
F7YES Business and Economics Programme - International - Spanish (Economics) 6 (Spring 2021) 202109-202113 Swedish Linköping E
F7YEK Business and Economics Programme (Economics) 6 (Spring 2021) 202109-202113 Swedish Linköping E
F7MNE Master programme in Economics 2 (Spring 2021) 202109-202113 Swedish Linköping E

Main field of study

Economics

Course level

First cycle

Advancement level

G1F

Course offered for

  • Business and Economics Programme - International - Spanish
  • Business and Economics Programme - International - French
  • Business and Economics Programme - International - German
  • Bachelor´s Programme in Political science and economics
  • Business and Economics Programme
  • Master programme in Economics

Entry requirements

  • Economics, basic course 30 ECTS credits with at least 15 ECTS credits passed

Intended learning outcomes

On completion of the course, the student should be able to:
- account for the parts of micro and welfare theory that socioeconomic profitability calculations are based on,
- account for the use of socioeconomic profitability calculations in practice,
- critically review and be able to carry out a socioeconomic profitability calculation,
- apply methods for estimating benefits and cost items for effects, in cases both with and without a market price,
- analyse the problems and weaknesses that may be associated with socioeconomic profitability calculations.

Course content

The course covers basic theory and realia about:
- Welfare theory background
- Procedures for performing socioeconomic calculations in theory and practice
- Valuation of marketed goods and services in perfect markets and in cases of market imperfections or taxes/grants.
- Effects on secondary markets and indirect effects
- Discounting, time horizon, risk and uncertainty
- Methods for evaluating utility and costs when there are no market prices available i.e. revealed preferences methods and stated preferences methods, respectively
- Empirical applications within different fields
- Issues and limitations of socioeconomic profitability calculations.

Teaching and working methods

The teaching takes the form of lectures and exercises. The students should also study independently.

Examination

The examination consists of:

  • Individually written examination, grading scale: UV
  • Group project, grading scale: UG

The final grade G requires G in both examinations. The final grade VG also requires VG in the individually written examination.

Detailed information can be found in the study guide.

If the LiU coordinator for students with disabilities has granted a student the right to an adapted examination for a written examination in an examination hall, the student has the right to it. If the coordinator has instead recommended for the student an adapted examination or alternative form of examination, the examiner may grant this if the examiner assesses that it is possible, based on consideration of the course objectives.

Students failing an exam covering either the entire course or part of the course twice are entitled to have a new examiner appointed for the reexamination.

Students who have passed an examination may not retake it in order to improve their grades.

Grades

Three-grade scale, U, G, VG

Other information

Planning and implementation of a course must take its starting point in the wording of the syllabus. The course evaluation included in each course must therefore take up the question how well the course agrees with the syllabus. 

The course is carried out in such a way that both men´s and women´s experience and knowledge is made visible and developed.

Department

Institutionen för ekonomisk och industriell utveckling
Code Name Scope Grading scale
PROJ Project 1.5 credits U, G
TENT Examination 6 credits U, G, VG
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