Course level

Undergraduate

Faculty

Business, Economics & Law

School

Economics School

Units

2

Duration

One Semester

Delivery mode

External

Class hours

Lecture 2 Hours/ Week
Tutorial 1 Hour/ Week
2L1T

Incompatible

ECON3220, ECON7740

Prerequisite

ECON1010 or 1011 or 2011

Recommended companion

Course enquiries

Dr S. Bonner

Current course offerings

Course offerings Location Mode Course Profile
Semester 1, 2024 (19/02/2024 - 15/06/2024) St Lucia In Person Course Profile
Semester 2, 2024 (22/07/2024 - 18/11/2024) St Lucia In Person Profile unavailable

Please Note: Course profiles marked as not available may still be in development.

Course description

Cost-benefit analysis is essential in economics and public policy. This course develops the skills to systematically assess and evaluate costs and benefits of an intervention, project, or policy to ensure efficient allocation of scarce resources. Going beyond financial appraisals, this course utilizes basic microeconomic theory to predict and monetize social and economic impacts caused by market failures. The course also covers ethical and social consequences of decision-making within a cost-benefit analysis framework.

Archived offerings

Course offerings Location Mode Course Profile
Semester 1, 2023 (20/02/2023 - 17/06/2023) St Lucia In Person Course Profile
Semester 1, 2023 (20/02/2023 - 17/06/2023) External External Course Profile
Semester 2, 2023 (24/07/2023 - 18/11/2023) St Lucia In Person Course Profile
Semester 2, 2023 (24/07/2023 - 18/11/2023) External External Course Profile
Semester 1, 2022 (21/02/2022 - 21/06/2022) External External Course Profile
Semester 1, 2022 (21/02/2022 - 21/06/2022) St Lucia Internal Course Profile
Semester 2, 2022 (25/07/2022 - 19/11/2022) St Lucia Internal Course Profile
Semester 2, 2022 (25/07/2022 - 19/11/2022) External External Course Profile
Semester 1, 2021 (22/02/2021 - 19/06/2021) St Lucia Flexible Delivery Course Profile
Semester 1, 2021 (22/02/2021 - 19/06/2021) External External Course Profile
Semester 2, 2021 (26/07/2021 - 20/11/2021) External External Course Profile
Semester 2, 2021 (26/07/2021 - 20/11/2021) St Lucia Internal Course Profile