Brief Course Description
1. Course Title:
Cost - benefit analysis for the Public Sector
2. Language of Instruction:
Tiếng Việt
3. Course Code:
PUF504009
4. Credits:
3
5. Course Objectives:
The Cost-Benefit Analysis for Public Sector aims to equip students with foundational knowledge and practical skills for conducting cost-benefit analysis (CBA) in the context of public sector projects and policies. The course focuses on enabling students to:
1. Understand the theoretical foundations of microeconomic principles and quantitative methods in cost-benefit analysis, including measuring and assessing the socio-economic impacts of public investment projects and policies.
2. Develop practical skills in applying key analytical tools such as Net Present Value (NPV), Internal Rate of Return (IRR), sensitivity analysis, and risk assessment, allowing students to conduct and critically evaluate cost-benefit reports in the public sector.
3. Address specific challenges in public sector CBA, including:
o Market imperfections and distortions.
o Externalities and spillover effects of public projects.
o Uncertainty and risk in economic forecasting and policy evaluation.
4. Enhance critical thinking and decision-making skills by evaluating public policies based on criteria of social benefits, equity, and sustainability.
5. Improve teamwork and communication skills through real-world case studies and group projects, enabling students to apply knowledge effectively in government agencies, international organizations, NGOs, and public policy consulting firms.
6. Foster ethical awareness and social responsibility in policy and investment decision-making, ensuring transparency, efficiency, and fairness in public financial management.)
6. Brief Description of Course Content:
The Cost-Benefit Analysis for Public Sector course provides students with in-depth knowledge and practical skills in conducting cost-benefit analysis (CBA) for public sector projects and policies. This course equips students with a theoretical foundation in microeconomic evaluation methods, financial and economic decision-making criteria, and quantitative tools for assessing the economic value of costs and benefits in the public sector.
By integrating theoretical lectures, real-world case studies, and hands-on exercises, students will apply analytical models such as Net Present Value (NPV), Internal Rate of Return (IRR), sensitivity analysis, and risk assessment to evaluate the effectiveness of public investment projects and policies related to sustainable development, public finance, and climate change adaptation.
Additionally, the course emphasizes ethical considerations, sustainability principles, and stakeholder engagement in public policy decision-making. Students will develop essential skills in data analysis, teamwork, presentation, and critical evaluation of cost-benefit analysis reports, preparing them for roles in government agencies, non-governmental organizations (NGOs), and public policy consulting firms.