Cost-Benefit Analysis

1.5 Credits · Level: Graduate

This course will focus on both the theory and the practice of cost-benefit analysis in the context of international development. Students will learn cost-benefit analysis modeling techniques to estimate financial and economic returns of development interventions. The course will explore concepts such as time preference, discounting, net present value, internal rate of return and points of view. Students will learn how to test key project assumptions through sensitivity analysis and risk analysis. Case studies and hands-on examples will be used to illustrate the application of cost-benefit concepts in several sectors, such as agriculture, power and roads.