290044 Economic Valuation Methods and Cost-Benefit Analysis

Detaljer
Fødevareøkonomisk Institut
Tidligst mulig placeringKandidat 1.år til Kandidat 2. år
VarighedEn blok
 
Pointværdi7.5 (ECTS)
KursustypeKandidatkursus
 
EksamenSluteksamen

skriftlig prøve


Skriftlig auditorieeksamen

Alle hjælpemidler tilladt

Beskrivelse af eksamen: 4-hours written exam in curriculum

Vægtning: Written exam: 100%



13-skala, ekstern censur

Eksamensdatoer:
25 January 2007
 
Rammer for undervisningLectures and theoretical exercises
 
BlokplaceringBlock 2
Ugestruktur: A
 
UndervisningssprogEngelsk
 
Anbefalede forudsætninger290037 Welfare Economics and Policy Analysis
290013 Environmental and Natural Resource Economics
290042 Applied Econometrics for Environmental, Agricultural and Food Economists
 
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:
Ability to apply 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 utilization.
 
Kursusindhold
Core components of the course are: (a) Value concepts and welfare measures; (b) Markets, general equilibrium and Pareto optimality; (c) Social welfare functions; (d) Revealed and stated preference methods for valuation, including: Production Function Approaches, Travel Cost Methods, Hedonic Value Methods, Contingent Valuation Method and Choice Modelling; (e) Aggregation of values across time (discounting); (f) Cost-benefit analysis.
 
Undervisningsform
Teaching is in the form of lectures and exercises.
 
Litteraturhenvisninger
Bateman, Ian J. et al.: Economic Valuation with Stated Preference Techniques: A Manual, Edward Elgar, 2002

Freeman, A. M.: The Measurement of Environmental and Resource Values, 2nd Edition, Resources for the Future, 2003.

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

Layard, R. & Glaister, S. (Eds.) (1994): Cost-Benefit Analysis, Cambridge University Press.

Pearce, David, Ben Groom, Cameron Hepburn & Phoebe Koundouri: Valuing the Future. Recent advances in social discounting, World Economics, Vol. 4, No. 2 April-June 2003: pp 121-141.
 
Kursusansvarlig
Alex Dubgaard, adu@life.ku.dk, Fødevareøkonomisk Institut/Afdeling for Miljø og Regional Udvikling, Tlf: 35332280
Jonas Nordström, jno@life.ku.dk, Fødevareøkonomisk Institut/Afdeling for Forbrug, Sundhed og Etik, Tlf: 35336861
 
Studienævn
Studienævn NSN
 
Kursusbeskrivelsesomfang
forelæsninger42
teoretiske øvelser28
eksamen4
forberedelse132

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