Courses Bachelor Display 2015-2016

Course Description To PDF
Course title Cost-Benefit Analysis
Course code EBS2059
ECTS credits 4,0
Assessment Whole/Half Grades
Period Start End Mon Tue Wed Thu Fri
6 13-6-2016 24-6-2016 -
Level Intermediate
Coordinator Kristof Bosmans
For more information:
Language of instruction English
Ability to take the steps that are necessary in a cost-benefit analysis of a public or semi-public/private project.
- Ability to correctly apply principles of public economics.
- Improvement of writing and presentation skills.
Starting point of this skills training is the observation that a substantial number of (public) projects, once carried out, require substantial subsidisation. Think of, for example, the Millennium Dome in the UK, the “Treuhand Anstalt” in Germany, or the “Betuwelijn” in the Netherlands. For some projects this is a mere confirmation of the results from the ex-ante cost benefit analysis, but for other projects, this cost benefit analysis actually predicted a positive return. In this skills training, an ex post analysis of the actual costs and benefits of a project which was implemented or started in the past is made. An important component of such an analysis is a correct determination of (public) prices. Moreover, if an ex ante cost-benefit analysis of the project was carried out, this analysis is scrutinized in light of the ex post analysis.
The students have to form teams of two or three people. After reading the mandatory literature, each team searches for two projects one of which they would like to make a cost-benefit analysis of. At the end of the first week each team presents these projects and a choice for one of the two projects is made. Then, at the end of the second week, reports on the cost-benefit analyses are presented.
Introductory chapters and papers about cost-benefit analysis and project evaluation.
Introductory courses in microeconomics and public economics.
Teaching methods (indicative; course manual is definitive) Presentation / Lecture / Assignment / Groupwork
Assessment methods (indicative; course manual is definitive) Final Paper / Attendance
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor Economics and Business Economics Specialisation Economics Elective Skills
Bachelor Economics and Business Economics Specialisation Economics and Management of Information Elective Skills
Bachelor Economics and Business Economics Specialisation International Business Economics Elective Skills
Bachelor Fiscal Economics Year 2-3 Elective Skills
Bachelor International Business Year 2-3 Elective skills
SBE Exchange Bachelor Bachelor Exchange Skills
SBE Exchange Master Bachelor Exchange Skills
SBE Non Degree Courses Bachelor Skills