UWA PLUS
Applied Benefit: Cost Analysis
Benefit: Cost Analysis is a key tool of economics. In this course you will learn Benefit: Cost Analysis in a rigorous way with examples from various disciplines, who are learning to conduct a Benefit: Cost Analysis themselves.
After the course you will understand the concepts and principles that underpin Benefit: Cost Analysis and how to apply it to evaluate real projects and policies.
Delivery mode
- Online
- Course date
- 25 July - 29 October 2022
- Applications close
- 18 July 2022
- Duration
- 12 weeks
- Effort
- 150 hours
- Lectures: 2 x 45-minute online lectures per week for 12 weeks Workshops: 1 x 60-90 minute online workshops per week for 12 weeks Self-directed learning: 10 hours per week for 12 weeks
- Cost
- $990 inc. GST
- Generous bursaries and discounts are available for people from selected countries, and for organisations that enrol 5 or more people in this course. For details, email ceep@uwa.edu.au.
- Critical information summary
- SCIEM501 Applied Benefit: Cost Analysis (PDF 98KB)

What you'll learn
Evaluate projects and policies in a systematic and consultative way.
Conduct your own Applied Benefit: Cost Analysis.
Consult stakeholders and experts about the inputs and results of a Benefit: Cost Analysis.

Why study this course?
- Quantify the benefits and costs of a project or policy.
- Construct a spreadsheet to do the required calculations for an Benefit: Cost Analysis and conduct an Benefit: Cost Analysis.
- Interpret the results of an Benefit: Cost Analysis and explain them to stakeholders and experts.
- No textbook is required; all course materials are provided.
Who should study this course
This course is suitable for management practitioners, business consultants, researchers, policymakers, and postgraduate students wanting to evaluate the performance of firms involved in similar business activities. No existing knowledge of economics is required.
How does it work?
Participants will take quizzes, design and create a spreadsheet to conduct a Benefit: Cost Analysis and explain the results of a Benefit: Cost Analysis in a written report.
Participant responses
“A fantastic course. It is by far the best course I have been involved in.”
“Essential for new BCA users.”
“Taught in an engaging way. Many real-world examples to demonstrate the theory and practical application.”
“I learned so much and there is still lots to learn from the material you shared so I can return to it when needed.”
What's next after this course?
- Future study
- Participants who complete this micro-credential can apply for advanced standing if they subsequently apply for a Master of Agricultural Economics, Master of Agricultural Science, Master of Biotechnology or Master of Environmental Science.
- Career outcomes The course is relevant to many professional positions where assessment of projects or policies is required. It provides skills that are essential for professional economists, but is also relevant more broadly to managers, scientists and funders who are responsible for project management and evaluation.
Frequently asked questions
- What are micro-credentials?
- Are micro-credentials right for me?
- How is a micro-credential different from other types of study?
- What are ‘stackable’ micro-credentials?
- Why are micro-credentials valuable?
- Do I need any previous knowledge of the topic?
- How long does it take to earn a micro-credential?
- Do I have to come to campus?
- I live outside Australia, am I eligible to enrol in a micro-credential?
- Can I study micro-credentials under my international student visa?
- I am on a visitor’s visa, but am really interested in upskilling. Am I eligible to enrol in a micro-credential?
- Can you register for more than one micro-credential at any one time?
- Will what I learn in a micro-credential be relevant to my job?
- Will micro-credentials give me university credit?
- Can I use academic credit from micro-credentials toward my current undergraduate or postgraduate course?
- Does academic credit from micro-credentials have an expiry date?
- Can I obtain credit toward UWA Plus micro-credentials from my previous studies?
- How much do micro-credentials cost?
- Is there any government support for micro-credential fees?
- How do I enrol?
- How do I pay?
- How do I access micro-credential resources?
- Will I be registered with the University? What access to student services will I have?
- Will I get access to the UWA libraries if I register for a micro-credential?
- Will I get a certificate?
- Will I attend a graduation ceremony to receive my Certificate of Achievement?
- How do I get my certificate and Professional Development (PD) Transcript?
- If I have enrolled but can’t participate in the micro-credential, can I get a refund?
- If I apply for a micro-credential, how much time will I have to change my mind?
- Will I get a refund if the University cancels the micro-credential?
- Who can I contact if I have any questions?
Who you'll learn from

Professor David Pannell is Professor of Agricultural and Resource Economics, University of Western Australia.
Professor Pannell has delivered dozens of BCA training courses and developed widely used BCA software. He has received awards for teaching (UWA), communication (national) and research (international). He advises many national and international agencies on BCA and related issues.