Lecture1_3509 - Development Planning and Project Evaluation...

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1 Development Planning and Project Evaluation ECON 3509
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2 Dr. Pablo Benitez pbenitez@connect.carleton.ca Office hours: Friday, 7.30-8.30 pm
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3 Introductions
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4 Course is useful: Anybody who will eventually get involved in project analysis Working for the government Interest in a carrier in the foreign service, international NGO’s Interested in economic development The course strengths your understanding of economics
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5 Today Outline Microeconomics Review
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6 OUTLINE
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7 Development Planning and Project Evaluation An introduction to the tools used in the planning and economic evaluation of development projects .
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8 Some issues that would be covered: Reasons for public sector involvement Differences between public and private evaluations of projects The process of economic analysis Identify costs and benefits of projects and price them correctly Valuing environmental externalities Assessing risk Evaluating distributional aspects of projects
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9 Prerequisites 1. ECON 1000 or FYSM 1003. (Introduction to economics) 2. Willingness to learn and actively participate in class!
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10 Main Text Economic Analysis of Investment Operations: Analytical Tools and Practical Applications by Pedro Belli, Jock R. Anderson, Howard N. Barnum, John A. Dixon, and Jee-Peng Tan, World Bank Institute, Washington, D.C. 2001, 292 p., ISBN 0-8213-4850-7
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Optional: Townley, P., Principles of Cost-Benefit Analysis in a Canadian Context , 1998, Prentice Hall. Zerbe, R. and D. Dively, Benefit-Cost Analysis in Theory and Practice , 1994, HarperCollins College Publishers 11
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12 Course Evaluation Midterm: 40% Final exam: 60%
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Midterm In-class February 25 Students who miss the mid-term examination for any reason will receive a course grade based entirely on the final examination. 13
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14 Final Exam To be scheduled by University Exams will cover text material, lecture notes, and discussions. It will include analytical problems and multiple-choice and short-answer questions .
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15 The course includes:
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Lecture1_3509 - Development Planning and Project Evaluation...

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