Event Details

Tuesday, 20 June 2017
All Day
Room 201, Level 2, Cycad Building (1018)
University of Queensland Long Pocket Precinct, 80 Meiers Road, Indooroopilly
Event category(s):

Event Contact

Ms Cara Herington
+61 7 334 69686
Org. Unit:
Institute for Social Science Research

Event Description

Full Description:
The purpose of this module is for participants to develop a basic understanding of cost-benefit analysis (CBA) techniques within social services contexts, sufficient to appreciate its potential uses and limitations. The module will also introduce participants to Social Return on Investment (SROI) analysis as a particular CBA method which is applied specifically for projects with mainly social, non-monetary costs and benefits.

Learning objectives

On completing this module, participants will learn how to:
1. understand the rationale for CBA, key conceptual and introductory economics
principles underlying CBA, and how CBA can assist the policy and project decision -
making process
2. appreciate basic processes and methods involved in undertaking a CBA
3. discuss the rationale and need for the valuation and incorporation of non -monetary
costs and benefits, including those of a social and/or intangible nature
4. appreciate Social Return on Investment (SROI) as a particular variant of CBA used to
appraise projects with mainly social and intangible impacts and benefits, and Social
Impact Analysis (SIA) as prescribed by Queensland Government
5. describe the limitations of CBA, its appropriate use in the decision-making process,
and caveats in interpretation of results

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