Iğdır University Lifelong Learning Programme

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type of Course Unit	Year of Study	Semester	Number of ECTS Credits
TAE-23-106	BenefIt Cost AnalysIs	Elective	1	3	6

Level of Course Unit

Second Cycle

Objectives of the Course

Improve the ability to understand the conceptual and theoretical knowledge related to the Cost-Benefit Analysis as a project evaluation techniques, explanation of the application of social cost-benefit analysis in the evaluation of investment projects of public and private sector

Name of Lecturer(s)

DR. ÖĞR.ÜYESİ EMİNE AŞKAN

Learning Outcomes

1	To be able to understand the basic concepts of Project Appraisal and Cost-Benefit Analysis and to distinguish the relationship between plan, project and investment;
2	To be able to explain and to use of the preparatory work of investment projects and the project evaluation criterias;
3	To explain the role of Cost-Benefit Analysis as a way of decision-making technique in the public sector;
4	To be able to distinguish the determination and measurement of the costs and benefits in the Social Benefit-Cost Analysis and the use of national analysis criteria and application;
5	To be able to evaluate the application of Cost-Benefit Analysis as a project evaluation techniques in Turkey;
6	Determination of Costs and Benefits, and Externalities;

Mode of Delivery

Daytime Class

Prerequisites and co-requisities

Recommended Optional Programme Components

Course Contents

Introduction to FM analysis, principles of investment applications, special FM analysis: financial analysis, efficiency in FM analysis, net benefit calculation for reference groups, consumer and producer surplus in FM analysis, valuation of traded and non-traded products in FM analysis, consideration of risk in FM analysis, social discount rate, cost of public goods and information value, valuation of goods without market, preparation of FM analysis report will be explained.

Weekly Detailed Course Contents

Week	Theoretical	Practice	Laboratory
1	Introduction to Benefit Cost Analysis
2	Decision Making in Investment Practices
3	Special Benefit Cost Analysis: Financial Analysis
4	Criteria used in the Project evaluation
5	Numerical Examples on Criteria used in the Project evaluation
6	Cost-Benefit Analysis as a way of decision-making technique in the public sector: Theoretical Explanations
7	Scope, Application Areas and Boundaries of Cost-Benefit Analysis
8	Social Benefit-Cost Analysis
9	Determination of Costs and Benefits, and Externalities
10	Determination of Costs and Benefits in Certain Sectors
11	Measuring Costs and Benefits
12	Cost-Effectiveness Analysis
13	Use of the National Analysis Criteria
14	Cost-Benefit Analysis and Evaluation of Public Investment Projects in Turkey

Recommended or Required Reading

1. Mircan Tokatlıoğlu, Fayda Maliyet Analizi, 2. Baskı, Ekin Yayınevi, Bursa, 2017. 2. Kamil Ayanoğlu ve diğerleri, Kamu Yatırım Projelerinin Planlanması ve Analizi, DPT Yayını, Ankara, 1996. 3.Tamer İşgüden, Kamu Yatırım Projelerinin Değerlendirilmesinde Fayda-Maliyet Analizi, İstanbul, 1980.

Planned Learning Activities and Teaching Methods

Assessment Methods and Criteria

Term (or Year) Learning Activities	Quantity	Weight
Midterm Examination	1	100
SUM		100
End Of Term (or Year) Learning Activities	Quantity	Weight
Final Examination	1	100
SUM		100
Term (or Year) Learning Activities		40
End Of Term (or Year) Learning Activities		60
SUM		100

Language of Instruction

Turkish

Work Placement(s)

Workload Calculation

Activities	Number	Time (hours)	Total Work Load (hours)
Midterm Examination	1	10	10
Final Examination	1	10	10
Attending Lectures	14	10	140
Individual Study for Mid term Examination	1	10	10
Individual Study for Final Examination	1	10	10
TOTAL WORKLOAD (hours)			180

Contribution of Learning Outcomes to Programme Outcomes

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10
LO1	2	3	4	4	1	3	5	3	1	1
LO2	2	3	4	4	1	3	5	3	1	1
LO3	2	3	4	4	1	3	5	3	1	1
LO4	2	3	4	4	1	3	5	3	1	1
LO5	2	3	4	4	1	3	5	3	1	1
LO6	1	1	1	1	1	3	1	1	1	1

* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High