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EC5202 - Project Evaluation

Credit points: 3
Year: 2012
Student Contribution Band: Band 3
Administered by: School of Business

This subject examines the use of cost-benefit analysis in evaluating the efficiency of projects. Examples of such applications are the construction of new mines or new water infrastructure or new railway systems. In line with current realities, particular attention is paid to the role of Indigenous People and communities in projects, and external costs and benefits. Students will be able to conduct a cost-benefit analysis at a professional level. This subject also emphasises the theoretical foundation of cost-benefit analysis, namely welfare economics.

Graduate Qualities

  • The ability to appraise information critically;
  • The ability to use independent judgment to synthesise information to make intellectual and/or creative advances;
  • The ability to place their research in a broader (preferably international)theoretical, practical and policy context.;
  • The ability to think laterally and be original;
  • The ability to conceptualise problems;
  • The ability to conceptualise and evaluate a range of potential solutions to relevant problems;
  • The ability to encompass and use methods and conceptual advances in areas of knowledge cognate to their central area(s) of expertise;
  • The ability to plan, conduct and manage research in their discipline;
  • The ability to identify and take serendipitous advantage of research opportunities;
  • The potential to lead and contribute to projects effectively and efficiently;
  • The ability to make constructive contributions to project teams or collegial activities.
Inadmissible
Subject
Combinations:
EC3406 BX3033

Availabilities

Townsville, Study Period 7, Block
Census Date 05-Jul-2012
Face to face teaching 23-Jun-2012 to 01-Jul-2012 (Face to face teaching dates - Sat 23/6 & Sun 24/6 9am-5pm, Mon 25/6 6pm-9pm Fri 29/6 6pm-9pm, Sat 30/6 & Sun 1/7 9am -5pm.)
Coord/Lect: Assoc. Professor Sizhong Sun.
Workload expectations:
  • 36 hours workshops/Seminars
Assessment: end of semester exam (60%); quizzes or tests (20%); assignments (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.