2025 (Current Year) Faculty Courses School of Environment and Society Department of Transdisciplinary Science and Engineering Graduate major in Global Engineering for Development, Environment and Society
Project Evaluation for Sustainable Society
- Academic unit or major
- Graduate major in Global Engineering for Development, Environment and Society
- Instructor(s)
- Shinya Hanaoka
- Class Format
- Lecture
- Media-enhanced courses
- -
- Day of week/Period
(Classrooms) - Class
- -
- Course Code
- GEG.P411
- Number of credits
- 100
- Course offered
- 2025
- Offered quarter
- 3Q
- Syllabus updated
- Mar 19, 2025
- Language
- English
Syllabus
Course overview and goals
Infrastructures such as road are necessary for our daily life and economic growth, however environmental and other negative social cost must be minimized when investing in such infrastructures for a sustainable society. This course aims to provide the methods necessary to undertake project evaluation and cost benefit analysis based on a microeconomics background, in particular valuing non-market goods, and other technical issues. Case studies are also provided for understanding real world applications.
Course description and aims
Students can understand the concept and methods of project evaluation comprehensively and show the guidance of project evaluation.
Keywords
Project Evaluation, Cost Benefit Analysis, Benefit Estimation Method
Competencies
- Specialist skills
- Intercultural skills
- Communication skills
- Critical thinking skills
- Practical and/or problem-solving skills
Class flow
Lectures and a few exercises are provided in the course and the final exam is also taken.
Course schedule/Objectives
| Course schedule | Objectives | |
|---|---|---|
| Class 1 | Introduction to Project Evaluation | Economic Evaluation, Financial Evaluation |
| Class 2 | Foundations of Cost Benefit Analysis | Cost Function, Social Benefit |
| Class 3 | Valuing Benefit and Cost | Competitive Market, Monopoly |
| Class 4 | Net Present Value | Social Discount Rate |
| Class 5 | Valuing Impacts: Indirect Market Method(1) | Externality, Value of Time |
| Class 6 | Valuing Impacts: Indirect Market Method(2) | Hedonic Pricing, Travel Cost Method |
| Class 7 | Valuing Impacts: Stated Preference | Contingent Valuation Method |
Study advice (preparation and review)
To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.
Textbook(s)
Boardman, A. E., Greenberg, D. H., Vining, A. R. and Weimer, D. L. (2010) Cost Benefit Analysis: Concepts and Practice (4th Edition), Prentice Hall College.
Reference books, course materials, etc.
None
Evaluation methods and criteria
Exercise (50), Report (50)
Related courses
- GEG.P451 ： Project Design & Management S
Prerequisites
None