The goal of the submitted thesis: “Shadow Prices for Costs and Benefits Connected with the Regional Development Projects” is to provide an overview of techniques and tools for the valuation of socio-economic impact on the environment. First part is focused on theoretical and methodological base, especially the introduction of cost-benefit analysis and relation between the economy and the environment. Furthermore, the overview of the environmental impacts is presented and after that the methods used to quantify the cost and benefits in this area are described. Last part is devoted to a case study of recovery city park in Ivančice. Socioeconomic impacts are identified and quantified. At the end Sejak’s method for valuing contemporary ecological value of the park is made.