Syllabus

Public policy and project valuation 2008

　　
Spring Tokyo Institute of Technology

Term: Spring

Credit: 2-0-0

Instructor: Noboru Hidano

Purpose:
I intend to offer you the essence of cost benefit analysis and valuation methods for public policy and projects including revealed preference techniques for non-market goods, ordinal estimations for market goods and stated preference methods, such as contingent valuation, in environmental and ecological economics.

Schedule:
april 10 1:Introduction
april 17: chapter 1 hedonic, TCM , CVM, CE
april 24: chapter 2 hedonic
may 1: chapter 3 overestiamtion
may15: chapter 4,5 accuracy
may22: chapter 6: CVM Contingent valuation methods and incentive compatibility

may29: mid term exam
june5: chapter 7

june12: chapter 8
june19: chapter 9 Expenditure functions and several measures

july10: chapter 9 Several examples, review
july17: test

july 31: review on test

Text:
Hidano, N (2002) The Economic Valuation of the Environment and Public Policy: A Hedonic Approach, Edward Elgar

Note:
it is important for students who take this lecture to have basic knowledge about undergraduate micro-economics.

Office: W9-628 Office hours: about 30 minutes after each lecture

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