290010 Economic Valuation Methods and Cost Benefit Analysis

Detaljer
Fødevareøkonomisk Institut
Tidligst mulig placeringKandidat 1.år
VarighedEn blok
 
Pointværdi15 (ECTS)
KursustypeKandidatkursus
 
EksamenSluteksamen

skriftlig prøve


Skriftlig auditorieeksamen

Alle hjælpemidler tilladt

Beskrivelse af eksamen: Evaluation of project report plus 4-hours written examination in curriculum.

Vægtning: Project report 50% Written examination 50%



13-skala, ekstern censur

Eksamensdatoer:
28 January 2006
 
Rammer for undervisningLectures and practicals
 
BlokplaceringBlock 2
Ugestruktur: A

Block 2
Ugestruktur: C
 
UndervisningssprogEngelsk
 
Anbefalede forudsætningerWelfare Economics and Policy Analysis Environmental and Natural Resource Economics
 
Kompetenceområder
Competences obtained within basic science:
In-depth knowledge of the welfare economics foundation for economic valuation methods and environmental cost-benefit analysis. Understanding of other economic theories relevant for project and policy appraisal. Ability to evaluate the validity and limitations of the economic theories addressed.

Competences obtained within applied science:
Application of statistical methods and other analytical techniques to economic valuation and project appraisal problems.

Competences obtained within Ethics & Values:
Awareness of the value and weighing concepts of neoclassical welfare economics compared to other ethical theories of value.
 
Kursets målsætning
It is the aim to provide the participants with the theoretical and methodological instruments required to conduct policy and project appraisals - within the sphere of environmental protection and natural resource conservation.
 
Kursusindhold
Core components of the course are: (a) Value concepts and welfare measures; (b) Ethical theory of value and weighing (the nature and structure of good); (c) Markets, general equilibrium and Pareto optimality; (d) Social welfare functions; (e) Revealed and stated preference methods for valuation, including: Production Function Approaches, Travel Cost and Random Utility Methods, Hedonic Value Methods, Contingent Valuation Method, and Choice Experiments; (f) Aggregation of values across time (discounting); (g) Application of cost-benefit analysis; (h) Survey of other project appraisal methods.
 
Undervisningsform
Teaching is in the form of lectures and tutoring in relation to project work and exercises. Project work is conducted in groups of up to 4 participants. Projects are based on the analysis of subjects/cases chosen by students in collaboration with the teacher. Each group will present its findings during the course.
 
Litteraturhenvisninger
Freeman, A. M.: The Measurement of Environmental and Resource Values.2nd Edition, Resources for the Future, 2003.

Broome, J. (1999): Ethics Out of Economics, Cambridge University Press.

Garrod, G. & Willis, K.G.: Economic Valuation of the Environment: Methods and Case Studies, Edward Elgar Publishing, 1999.

Hanley, N. Mourato, S. and R. E. Wright (2001): Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?, Journal of Economic Surveys, Vol. 15 (3), pp 435-462.

Ben-Akiva, M. and S. R. Lerman: Discrete Choice Analysis, The Massachusetts Institute of Technology, 1985.

Palmquist, R.B.: Hedonic Models, in J. C.J.M. van den Bergh (Ed.): Handbook of Environmental and Resource Economics, Edward Elgar Publishing, 1999.

Johansson, P.-O.: Cost-benefit analysis of environmental change, Cambridge University Press, 1993.

Layard, R. & Glaister, S. (Eds.): Cost-Benefit Analysis, Cambridge University Press, 1994.
 
Kursusansvarlig
Alex Dubgaard, adu@life.ku.dk, Fødevareøkonomisk Institut/Afdeling for Miljø og Regional Udvikling, Tlf: 35332280
 
Studienævn
Studienævn NSN
 
Kursusbeskrivelsesomfang
forelæsninger42
teoretiske øvelser28
forberedelse132
projektarbejde178
eksamen4
kollokvier28

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