Econ 4831: Cost and Benefit Analysis
Summer 2016
Instructor: Marcos Marcolino
Problem Set 1 - Due July 5th
ANSWER KEY
This problem set is worth 100 points and is due on July 5th in class. Feel free to collaborate
with your classmates to work on the proble
Econ 4831: Cost and Benet Analysis
Fall 2015
Instructor: Marcos Marcolino
Problem Set 1 - Due October 12th
ANSWER KEY
This problem set is worth a 105 points with extra 15 points and is due on October 12th in
class. Feel free to collaborate with your class
Econ 4831: Cost and Benefit Analysis
Summer 2016
Instructor: Marcos Marcolino
Practice Questions 1
SOLUTIONS WILL NOT BE PROVIDED
Exercise 1: Tariffs and Elasticity
A country imports 5 billion tonnes of coal per year and domestically produces another 4.5
Econ 4831: Cost and Benefit Analysis
Summer 2016
Instructor: Marcos Marcolino
Problem Set 1 - Due July 5th
This problem set is worth 100 points and is due on July 5th in class. Feel free to collaborate
with your classmates to work on the problems, but eve
CHAPTER 4
3. A country imports 3 billion barrels of crude oil per year and domestically produces
another 3 billion barrels of crude oil per year. The world price of crude oil is $90 per
barrel. Assuming linear schedules, economists estimate the price elas
Cost Benet Analysis
Spring 2015
Review Problems
Set 2
April 5, 2015
These are some, not all the problems that I consider interesting and important over the above the ones that
weve discussed in class, are given in the book and the ones in the problem set.
Anbang Huang
CBA HW 1
Exercise1:Shortanswerquestions
A) Suppose you performed a CBA and recommended that
the
project in the menu that yields the highest net benet be adopted, is it
safe to say that the project is Pareto optimal? Justify your answer.
It is
Econ 4831: Cost and Benet Analysis
Fall 2015
Instructor: Marcos Marcolino
Problem Set 2 - Due December 2nd
This problem set is worth 100 points with extra 30 points and is due on December 2nd in
class. Feel free to collaborate with your classmates to work
Chapter 2: Conceptual Foundations of CBA
Econ 4831
Marcos Marcolino
University of Minnesota
June 14th, 2016
Marcos Marcolino (UofM)
Chapter 2: Conceptual Foundations of CBA
June 14th, 2016
1 / 14
CBA As Framework For Measuring Efficiency
CBA can be though
Chapter 1: Introduction to CBA
Econ 4831
Marcos Marcolino
University of Minnesota
June 13th, 2016
Marcos Marcolino (UofM)
Chapter 1: Introduction to CBA
June 13th, 2016
1 / 16
Introduction to CBA
In CBA, consider all costs and benefits to society
Idea: he
Chapter 4: Valuing Benefits and Costs
in Primary Markets
Econ 4831
Marcos Marcolino
University of Minnesota
June 27th, 2016
Marcos Marcolino (UofM)
Chapter 4: Valuing Benefits and Costs in Primary Markets June 27th, 2016
1 / 64
Perfect Competition
In chap
Chapter 13: Valuing Impacts from Observed Behavior:
Direct Estimation of Demand Curves
Econ 4831
Marcos Marcolino
University of Minnesota
June 29th, 2016
Marcos Marcolino (UofM)
Chapter 13: Valuing Impacts from Observed Behavior: DirectJune
Estimation
29t
Handout: An Example on Public Goods
This short note goes through the example on public goods seen in class. The example is about the problem of
two individuals that decides how many units of a private good (x) and a public good (G) to consume.
1
Assumptio
Cost Benet Analysis
Spring 2014
Problem Set 2
This problem set is worth a 100 points and is due on April 22. Feel free to collaborate with your classmates
to work on the problems, but everyone needs to turn in an individual (and original) copy of the prob
CBA of College Education in the United States
Ryan Smith, Ben Skogen, Stuart Baker, Rahul Patel, Omar Osman, Tom
Ahern, Scott Judd, Sizhuang Chen
CBA of Cost of Private vs. Public Universities
Colleges in the U.S. include both public and private instituti
Cost Benefit Analysis
Fall 2014
Review Problems - Set 2
October 27, 2014
These are some, not all the problems that I consider interesting and important over the above the ones that
weve discussed in class, are given in the book and the ones in the problem
Cost Benefit Analysis
Fall 2014
Problem Set 2
November 17, 2014
This problem set is worth a 100 points and is due on Nov 25 in class. Feel free to collaborate with your
classmates to work on the problems, but everyone needs to turn in an individual (and o
Cost Benefit Analysis
Fall 2014
Review Problems - Set 2
December 6, 2014
These are some, not all the problems that I consider interesting and important over the above the ones that
weve discussed in class, are given in the book and the ones in the problem
Econ 4831
List of topics for final exam
Fall 2014
November 25, 2014
Listed below is a comprehensive list of the topics that will be covered in the
midterm (Dec 13, 2014, 4:00-6:00pm in CSOM L110). The format of the
midterm will be very similar to problem
Cost Benefit Analysis
Fall 2014
Review Problems
September 23, 2014
These are some, not all the problems that I consider interesting and important over the above the ones that
weve discussed in class, are given in the book and the ones in the problem set.
Cost Benefit Analysis
Fall 2014
Problem Set 1
September 25, 2014
This problem set is worth a 100 points and is due on Oct 2 in class. Feel free to collaborate with your
classmates to work on the problems, but everyone needs to turn in an individual (and o
Econ 4831: Cost and Benefit Analysis
Summer 2016
Problem Set 2 - Due July 27th
This problem set is worth 100 points with extra 20 points and is due on July 27th in class.
Feel free to collaborate with your classmates to work on the problems, but everyone
Econ 4831: Cost and Benefit Analysis
Summer 2016
Problem Set 2
ANSWER KEY
This problem set is worth 100 points with extra 20 points and is due on April 20th in class.
Feel free to collaborate with your classmates to work on the problems, but everyone need
Econ 4831: Cost and Benefit Analysis
Spring 2016
Instructor: Marcos Marcolino
Practice Questions 2
SOLUTIONS WILL NOT BE PROVIDED
Exercise 1
What is option price? Explain why the option price of a policy might differ from the expected surplus generated by
Econ 4831: Cost and Benefit Analysis
Spring 2016
Instructor: Marcos Marcolino
Problem Set 2 - Due April 20th
ANSWER KEY
This problem set is worth 100 points with extra 20 points and is due on April 20th in class.
Feel free to collaborate with your classma
Chapter 1: CBA Book
CBA: systematic cataloguing of impacts as benefits and costs, valuing in dollars
and then determining the net benefits of the proposal relative to the status
quo.
Net Benefits=Benefits-Cost
In CBA we analyze social benefits and costs t
CBA HW 2 ANSWERS:
Exercise 1:
a) (5 points) Suppose the government subsidizes solar cells, because of which the number of
cells traded in the market increases. As a result of this subsidy, the demand curve for fossil fuels
shifts to the left. The producti