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.

Keyboard 

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.

Apply

Applications are open.

Apply now

 

Frequently asked questions

Who you'll learn from

Professor David Pannell

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.