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| AGEC 60900 - Applied Welfare Analysis |
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Credit Hours: 3.00. This course develops the theory and methods used to assess the benefits and costs of economic policies and projects. Topics include benefit-cost analysis, economic impact analysis, nonmarket valuation, and analysis of risk and uncertainty. Pre-Requisites: A graduate course in microeconomic theory; a graduate course in regression analysis.
3.000 Credit hours Syllabus Available Levels: Undergraduate, Graduate, Professional Schedule Types: Distance Learning, Lecture Offered By: College of Agriculture Department: Agricultural Economics May be offered at any of the following campuses: West Lafayette Learning Outcomes: 1. Estimate a project's benefit's and costs, including shadow pricing project inputs and outputs and valuing non-market goods and services. 2. Appropriate apportion various benefits and cost across different project stakeholders to estimate the distribution of project benefits and costs across society. 3. Derive and interpret economic measures of project performance, including net present value, internal rate of return, and benefit-cost ratios. 4. Incorporate risk and uncertainty into project analysis. Restrictions: Must be enrolled in one of the following Levels: Graduate |
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