Name: APPLICATIONS OF COST-BENEFIT ANALYSIS AND ECONOMIC IMPACT ASSESSMENT
Code: 212101012
Type: Elective
ECTS: 4
Length of subject: Per term
Semester and course: Second term
Speciality:
Language: English
Mode of study: On-site class
Lecturer data: LÓPEZ NICOLÁS, ÁNGEL
Knowledge area: Economía Aplicada
Department: Economía, Contabilidad y Finanzas
Telephone: 968325484
Email: angel.lopez@upct.es
Office hours and location:
miércoles - 10:00 / 11:30
EDIFICIO CIM - ETSAE, planta 2, Despacho Despacho
Las tutorías se realizarán a demanda del estudiante mediante solicitud remitida al correo electrónico, tanto en el horario señalado como en horarios alternativos en caso de no ser factible este.
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Tutorials will be held at the student¿s request via email, either during the scheduled hours or at alternative times if the standard schedule is not feasible.
Qualifications/Degrees:
Academic rank in UPCT: Catedrático de Universidad
Number of five-year periods: 7
Number of six-year periods: 5 de investigación y 1 de transferencia
Curriculum Vitae: Full Profile
Responsible for the groups: G2
Lecturer data: RAMOS PARREÑO, JOSÉ MARÍA
Knowledge area: Economía Aplicada
Department: Economía, Contabilidad y Finanzas
Telephone: 968325758
Email: josem.ramos@upct.es
Office hours and location:
lunes - 10:00 / 12:00
EDIFICIO CIM - FCCE, planta 3, Despacho 244
jueves - 12:00 / 14:00
EDIFICIO CIM - FCCE, planta 3, Despacho 244
viernes - 12:00 / 14:00
EDIFICIO CIM - FCCE, planta 3, Despacho 244
Qualifications/Degrees:
Academic rank in UPCT: Profesor Titular de Universidad
Number of five-year periods: 6
Number of six-year periods: 1 de investigación y 1 de transferencia
Curriculum Vitae: Full Profile
1. Conocer el instrumental necesario para poder plantear, diseñar y ejecutar una evaluación de impacto económico en cualquiera de los ámbitos de actuación de las empresas y/o las administraciones públicas.
2. Identificar los aspectos básicos del funcionamiento de una empresa que pueden generar impacto económico.
3. Valorar económicamente los beneficios y costes de un proyecto.
4. Analizar el factor temporal y adoptar criterios de decisión.
5. Valorar los bienes para los que no hay mercados.
6. Identificar los aspectos básicos en el tratamiento de la incertidumbre.
7. Conocer el funcionamiento de las tablas input-output.
8. Evaluar diferentes casos: privatización de empresas públicas, infraestructuras de transporte, tratamientos sanitarios, concesiones públicas al sector privado.
9. Conocer las herramientas necesarias para continuar con un proceso autónomo de aprendizaje.
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1. To acquire the necessary tools to propose, design, and carry out an economic impact evaluation in any area of activity within firms and/or public administrations.
2. To identify the basic aspects of how a firm operates that may generate economic impact.
3. To assess the economic value of the benefits and costs of a project.
4. To analyze the time factor and adopt appropriate decision-making criteria.
5. To assign value to goods for which there are no markets.
6. To identify the key elements in addressing uncertainty.
7. To understand how input-output tables work.
8. To evaluate various case studies: privatization of public enterprises, transport infrastructure, healthcare treatments, public concessions to the private sector.
9. To acquire the necessary tools to pursue an autonomous learning process.
Evaluación de impacto económico de políticas y proyectos públicos. Beneficio privado y beneficio social. El excedente social. Valoración de beneficios y costes cuando no hay mercado. Precios sombra. Tasa de descuento social y criterios de decisión. Análisis de riesgo. Estudios caso: privatizaciones, infraestructuras de transporte, tecnologías sanitarias, regulación de la participación privada en proyectos públicos. ============================== Economic impact assessment of public policies and projects. Private benefit and social benefit. Social surplus. Valuation of benefits and costs in the absence of markets. Shadow pricing. Social discount rate and decision-making criteria. Risk analysis. Case studies: privatizations, transport infrastructure, health technologies, regulation of private sector involvement in public projects.
Cost-Benefit Analysis
1 Economic valuation of a project's costs and benefits
2 Cost-effectiveness and cost-utility analysis
Input-Output Analysis
Introduction to Applied Economics and the Input-Output Table
Promoting the continuous improvement of working and study conditions of the entire university community is one the basic principles and goals of the Universidad Politécnica de Cartagena. Such commitment to prevention and the responsibilities arising from it concern all realms of the university: governing bodies, management team, teaching and research staff, administrative and service staff and students. The UPCT Service of Occupational Hazards (Servicio de Prevención de Riesgos Laborales de la UPCT) has published a "Risk Prevention Manual for new students" (Manual de acogida al estudiante en materia de prevención de riesgos), which may be downloaded from the e-learning platform ("Aula Virtual"), with instructions and recommendations on how to act properly, from the point of view of prevention (safety, ergonomics, etc.), when developing any type of activity at the University. You will also find recommendations on how to proceed in an emergency or if an incident occurs. Particularly when carrying out training practices in laboratories, workshops or field work, you must follow all your teacher's instructions, because he/she is the person responsible for your safety and health during practice performance. Feel free to ask any questions you may have and do not put your safety or that of your classmates at risk.
Class in conventional classroom: theory, problems, case studies, seminars, etc
**Lectures covering the basic course content.**
All learning outcomes.
**Classes including examples and applications of the concepts explained in the lectures.**
All learning outcomes.
36
100
Assessment activities (continuous assessment system)
Assessment of competence acquisition and learning outcomes.
All learning outcomes.
4
100
Assessment activities (final assessment system)
Assessment of the acquisition of competences and learning outcomes.
All learning outcomes.
2
100
Tutorials
Attendance at tutorials for questions regarding the theoretical and practical content of the course.
28
50
Student work: study or individual or group work
Student independent work
All learning outcomes.
30
0
Exam
Multiple choice test with a maximum of 20 three choice questions with one correct choice per question.
All learning results.
50 %
Evaluation of written work, internships, cases, visits and seminars.
Timely completion of periodic assignments
30 %
Performance, presentation and defense of individual and/or group work.
Engagement in class discussions
20 %
Exam
Part 1: (30%)
Multiple choice test with a maximum of 20 three choice questions with one correct choice per question.
All learning results.
Part 2: (70%)
2 Essay-type questions
100 %
Author: Gruber, Jonathan
Title: Public finance and public policy
Editorial: Worth
Publication Date: 2019
ISBN: 1319254748
The instructor will make available to students the material corresponding to each of the themes of the program through the page of the subject in the Aula Virtual platform.