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ECON7430

This document outlines a course on applied cost-benefit analysis offered by Hong Kong Baptist University. The 3-unit course is designed to educate students in evaluating private investments, public investments, business strategies, and government policies using economic analysis and reasoning. Students will learn how to prepare cost-benefit reports, identify costs and benefits from different stakeholder perspectives, and evaluate actions based on economic principles. Assessment will include assignments, presentations, tests, and an examination to evaluate students' understanding of the economic analysis of private and public actions.

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0% found this document useful (0 votes)
67 views2 pages

ECON7430

This document outlines a course on applied cost-benefit analysis offered by Hong Kong Baptist University. The 3-unit course is designed to educate students in evaluating private investments, public investments, business strategies, and government policies using economic analysis and reasoning. Students will learn how to prepare cost-benefit reports, identify costs and benefits from different stakeholder perspectives, and evaluate actions based on economic principles. Assessment will include assignments, presentations, tests, and an examination to evaluate students' understanding of the economic analysis of private and public actions.

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t t
Copyright
© © All Rights Reserved
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HONG KONG BAPTIST UNIVERSITY

COURSE OUTLINE

1. COURSE TITLE

Applied Cost-Benefit Analysis

2. COURSE CODE

ECON7430

3. NO. OF UNITS

3 Units

4. OFFERING DEPARTMENT

Master of Science in Applied Economics

5. PREREQUISITES

Nil

6. MEDIUM OF INSTRUCTION

English

7. AIMS & OBJECTIVES

This course educates students in applied cost-benefit analysis of: (a) private investment,
(b) public investment, (c) business strategy, and (d) government policy, with a primary
focus of applying economic reasoning and writing/presentation skills to deliver practical
information for decision making in a complicated business world.

8. COURSE CONTENT

I. Introduction to cost-benefit analysis (CBA)


II. How to prepare a CBA report
III. Private actions
VI. Public actions
V. Controversies

9. COURSE INTENDED LEARNING OUTCOMES (CILOs)

CILO By the end of the course, students should be able to:


CILO 1 Identify the costs and benefits of a private action (e.g., capacity expansion) or
public action (e.g., public housing construction) from diverse stakeholder
perspectives (e.g., management, workers, investors, consumers,
environmentalists, and government).
CILO 2 Evaluate a private action based on economic principles and theories.
CILO 3 Evaluate a public action based on economic principles and theories.
CILO 4 Provide policy recommendations supported by economic arguments.

10. TEACHING & LEARNING ACTIVITIES (TLAs)

CILO Type of TLA


alignment
1~3 Lecture, Exercises and Problems
1 Guest Speakers
1, 4 Role Playing, Student Presentation
1~4 Project

11. ASSESSMENT METHODS (AMs)

Type of Weighting CILOs to be Description of Assessment Tasks


Assessment addressed
Methods
Class 20 % 1, 4 Role Playing, Student Presentation
Participation
/ Discussion
Assignments 40 % 1~4 Student Presentation, Group Project/ Paper,
Exercises & Problems
Tests 15 % 1~3 Written Examination
Examination 25 % 1~3 Written Examination

Last Update: 2022-11-11


Published Date: 2023-07-11

*** END ***

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