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Lecturer(s)
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Course content
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1. Public projects in general, project as a means of addressing public needs 2. Public project design 1, project identification and formulation 3. Public project design 2, planning of implementation, monitoring and evaluation 4. Public procurement overview 5. Basic financial evaluation methods 6. Input-output evaluation methods 1, CMA, CEA, CUA 7. Input-output evaluation methods 2 - problems practice 8. Basics of Cost-benefit analysis 1 9. Basics of Cost-benefit analysis 1 - problems practice, NPV calculation 10. Non-market valuation techniques 1, shadow pricing, hedonic pricing, contingent valuation 11. Non-market valuation techniques 2 - problems practice 12. Multicriteria evaluation 1, WSA, scoring, dominance analysis 13. Multicriteria evaluation 2 - problems practice
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Learning activities and teaching methods
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unspecified, unspecified, unspecified, unspecified, unspecified
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Learning outcomes
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Student will acquire basic understanding of public projects, will be able to design simple public projects and perform selected types of project evaluations, including the ability to suggest potential ways how to monetize non-market effects of the public projects. Focus will be primarily on investment projects.
Knowledge of public projects' basics, ability to plan and design a simple public project, understanding of project evaluation, ability to perform basic project evaluations, ability to identify ways of monetizing non-market effects of projects.
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Prerequisites
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unspecified
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Assessment methods and criteria
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unspecified
Three written tests (3x20 points) using PC that will include open theoretical questions and practical problems to solve (calculations using provided data), position paper related to a selected article (optional, upt to 10 points). Minimum 40 points required to pass.
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Recommended literature
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Boardmann, A.E., Greenberg, D.H., Vining, A.R., Weimer, D.L. (2001). Cost-Benefit Analysis - concepts and practice. Prentice Hall, Upper Saddle River..
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de Rus, Ginés. (2010). Introduction to Cost-Benefit Analysis: Looking for Reasonable Shortcuts. (available online).
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Gatti, S. (2018, 2012). Project finance in theory and practice: designing, structuring, and financing private and public projects. Academic Press..
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Guide to Cost-Benefit Analysis of Investment Projects for Cohesion Policy 2014-2020. (available online).
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ILO (2011). Project design manual (available online).
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Levin, H. M. and McEwan, P. J. (2001). Cost-effectiveness analysis: methods and applications. 2nd ed. Thousand Oaks: Sage Publications..
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Melichar, J and Ščasný, M. (2005). Introduction to Non-Market Valuation Methods and Critical.
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Newton, R. (2016). Project Management Step by Step: How to plan and manage a highly successful project. Pearson UK..
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Project Management Body of Knowledge, any recent edition (available online).
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Review of Their Application in the Czech Republic. (available online).
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