Cost-Benefit Analysis (ECON2101)
Information valid for Semester 2, 2025
Course level
Undergraduate
Faculty
School
Economics School
Units
2
Duration
One Semester
Attendance mode
In Person
Class hours
Lecture 2 Hours/ Week
Tutorial 1 Hour/ Week
Incompatible
ECON3220, ECON7740
Prerequisite
ECON1010 or 1011 or 2011
Recommended companion
ECON2010 or ECON2410
Course enquiries
Doctor Suzanne Bonner (Semester 1, Regular, St Lucia, In person), (Semester 2, Regular, St Lucia, In person)
Current course offerings
Course offerings | Location | Mode | Course Profile |
Semester 1, 2025 (24/02/2025 - 21/06/2025) | St Lucia | In Person | Course Profile |
Semester 2, 2025 (28/07/2025 - 22/11/2025) | St Lucia | In Person | Profile unavailable |
Please Note: Course profiles marked as not available may still be in development.
Course description
Cost-benefit analysis is essential in economics and public policy. This course develops the skills to systematically assess and evaluate costs and benefits of an intervention, project, or policy to ensure efficient allocation of scarce resources. Going beyond financial appraisals, this course utilises basic microeconomic theory to predict and monetise social and economic impacts caused by market failures. The course also covers ethical and social consequences of decision-making within a cost-benefit analysis framework.