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Unformatted text preview: University of Minnesota Department of Economics ECON 4831 - Sec 001: Cost-Benefit Analysis Fall 2010 Lecture Instructor: Murat Ali C ¸engelci T Th: 8:15 AM- 9:30 AM, Hanson Hall 105 3-103 Hanson Hall Phone: (612) 626 0157 E-mail: cenge001 @ econ.umn.edu Course Webpage: www.econ.umn.edu/ ∼ cenge001 Office Hours: T: 10:00-11:00, W 12:00-13:00 Course Overview Principles for evaluating benefits and costs of public projects or programs. Issues concerned with def- inition of benefits and costs. Rate of return, rate of discount, market imperfections, risk, and uncertainty Prerequisites Econ 3101 (Intermediate Microeconomics), Math 1271 (Calculus). You must have completed these prerequisites successfully before taking this course. Textbook Cost-Benefit Analysis: Concepts and Practice (3rd Edition), by Anthony E. Boardman et al. Course Requirements Homework ( 30% ) : There will be 3 homeworks each of which will be weighted equally. Homeworks will be distributed by being posted on the website only. Homeworks will cover what has been done up to that date. You will have one week to complete the homework assignments. Homework will be collected at beginning of the lecture on the due date. Homeworks must be typed except for graphs and calculations. Abeginning of the lecture on the due date....
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