MPR_CBAN Cost-benefit Analysis

Faculty of Economics and Administration
Autumn 2025
Extent and Intensity
1/1. 4 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
Ing. Petr Halámek, Ph.D. (lecturer)
doc. Ing. Vilém Pařil, Ph.D. (lecturer)
Ing. Dominika Tóthová, Ph.D. (lecturer)
doc. Ing. Mgr. Jana Soukopová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Petr Halámek, Ph.D.
Department of Regional Economics – Faculty of Economics and Administration
Contact Person: Ing. Iveta Suchomelová Vašíčková
Supplier department: Department of Regional Economics – Faculty of Economics and Administration
Timetable
Mon 10. 11. 12:00–13:50 P304, Mon 24. 11. 12:00–13:50 P304, Mon 1. 12. 12:00–13:50 P304, Mon 8. 12. 12:00–13:50 P304, Mon 15. 12. 12:00–13:50 P304
  • Timetable of Seminar Groups:
MPR_CBAN/01: Mon 10. 11. to Mon 15. 12. Mon 14:00–15:50 P304, P. Halámek, J. Soukopová, D. Tóthová
Prerequisites (in Czech)
(!NOWANY( MPR_PRRL Programs of Reg. & Community )&&! MPR_PRRL Programs of Reg. & Community )
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 20 student(s).
Current registration and enrolment status: enrolled: 24/20, only registered: 3/20, only registered with preference (fields directly associated with the programme): 2/20
fields of study / plans the course is directly associated with
Course objectives
The aim of the course "Cost-benefit Analysis" is to enable students to understand the theoretical foundations and practical procedures for processing cost-benefit analysis, which is used to evaluate the effectiveness of investment projects and public policies. Students will gain the ability to identify, quantify and compare the costs and benefits of various alternative solutions in order to support informed decision-making. Emphasis will be placed on the application of the CBA methodology in real scenarios, including taking into account uncertainty and the time value of money.
Learning outcomes
After completing the course, students will be able to: · Explain the basic principles and theoretical foundations of cost-benefit analysis; · Identify and quantify relevant inputs to the financial analysis of a specific project or policy; · Apply discounting methods to take into account the time value of money when evaluating long-term projects; · Identify, quantify and consider the evaluation of the socio-economic costs and benefits of projects with an emphasis on projects implemented by the public sector; · Interpret the results of the analysis and formulate recommendations for decision-making processes based on the data found; · Critically evaluate the limitations and assumptions associated with the use of cost-benefit analysis in different contexts.
Syllabus
Basic principles of cost-benefit analysis; Discounting and the time value of money; Construction and interpretation of basic indicators; Structure and processing of financial analysis; Structure and processing of socio-economic analysis; Processing of cost-benefit analysis in MS Excel; Determination of shadow prices in selected areas of regional development;
Literature
    required literature
  • Guide to Cost-Benefit Analysis of Investment Projects - Economic Appraisal Tool for Cohesion Policy 2014-2020 (Benefit Analysis of Investment Projects - Economic Appraisal Tool for Cohesion Policy 2014-2020). 2014th ed. Brussels: European Commission, 2014, 346 pp. ISBN 978-92-79-34796-2. info
    recommended literature
  • Economic Appraisal Vademecum 2021-2027. Brussels: European Commission, 2021, 98 pp. ISBN 978-92-76-40462-0. Available from: https://doi.org/10.2776/182302. info
  • BOARDMAN, Anthony E.; David H. GREENBERG; Aidan R. VINING and David Leo WEIMER. Cost-benefit analysis : concepts and practice. Fifth edition. Cambridge: Cambridge University Press, 2022, vi, 594. ISBN 9781108401296. info
  • HALÁMEK, Petr. Zpracování analýzy nákladů a výnosů. 1. vyd. Brno: Masarykova univerzita, 2005, 72 s. ISBN 8021038667. info
Teaching methods
Lessons take form of lectures and seminars. Reading of the obligatory literature is expected.
Assessment methods
The written exam consists of open questions, there are usually 7 of them; it is possible to obtain max. 5 points for each; to pass the student needs 60 %. Semester requirements: obligatory attendance at seminars. There are no attendance requirements for students who are on an Erasmus stay abroad. They can take the exam directly.
Náhradní absolvování
„In the case of a study abroad or internship abroad, the course can be completed by successfully passing the final examination. A condition for admission to the examination is the necessity of contacting the course supervisor by the student before leaving for the stay abroad and agreeing on the specification of the requirements for successful completion of the course, which may include the submission of an individually set semester project.“
Language of instruction
Czech
Further Comments
The course is taught annually.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2025/MPR_CBAN