156-0555/01 – Public sector economics and project evaluation (PSE)
Gurantor department | Department of Applied Economics | Credits | 4 |
Subject guarantor | Dr. Stefano Mainardi | Subject version guarantor | Dr. Stefano Mainardi |
Study level | undergraduate or graduate | | |
| | Study language | English |
Year of introduction | 2016/2017 | Year of cancellation | 2019/2020 |
Intended for the faculties | EKF | Intended for study types | Follow-up Master, Bachelor |
Subject aims expressed by acquired skills and competences
To strengthen the skills of course participants in the areas of economic evaluation of investment projects and related issues in public sector economics
Teaching methods
Lectures
Summary
---------------------------------------------------------------
Compulsory literature:
Brent, R.J. (2007/1997): Applied Cost-Benefit Analysis, E. Elgar, Cheltenham.
Recommended literature:
Black, P., E. Calitz, T. Steenekamp (Eds.) (2012): Public Economics, Oxford University Press, Cape Town.
Brent, R.J. (2009): Handbook of Research on Cost-Benefit Analysis, E. Elgar, Cheltenham.
Kirkpatrick, C., J. Weiss (Eds.) (1996): Cost-Benefit Analysis and Project Appraisal in Developing Countries, E. Elgar, Cheltenham.
Nas, T. (1996): Cost-Benefit Analysis: Theory and Applications, SAGE, London.
Pearce, D., C. Nash (1982): The Social Appraisal of Projects: A Text in Cost-Benefit Analysis, MacMillan, Basingstoke.
Ray, A. (1986): Cost-Benefit Analysis. Issues and Methodologies, J. Hopkins University Press.
Stermole, F.J. (1980): Economic Evaluation and Investment Decision Methods, Investment Evaluations Corp. (IEC), Golden, Colorado.
Vajpayee, S.K. (2001): Fundamentals of Economics for Engineering Technologists and Engineers, Prentice-Hall, New Jersey.
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
...........................................................
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1 Time value of money
1a Introduction
1b Depreciation, depletion, amortization and cash flow
2 Economic evaluation methods
2a Present/annual/future worth, rate of return, breakeven, and increment cost analysis
2b Sensitivity and risk analysis
2c After-tax discounted cash flow, replacement, and leveraged investment analysis
2d Case studies (evaluation of mineral investment projects and chemical manufacturing projects)
3 Estimating investments and production costs
4 Social value and cost-benefit models
5 Principles of welfare economics for evaluation of public investment
6 Shadow prices
7 External effects, public investment, intangibles, and marginal cost of public funds
8 Distribution weights and social discount rate
9 Risk analysis for public investment evaluation
Conditions for subject completion
Conditions for completion are defined only for particular subject version and form of study
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.