ECON 5331. PROJECT EVALUATION AND FEASIBILITY ANALYSIS. 3 Hours.
This course introduces feasibility analysis including demand/market evaluation, cost estimation, and benefit-cost analysis. Students gain the ability to apply economic analysis methods (present worth, annual cost, rate of return, benefit-cost ratios, and breakeven) to basic economic problems. Other issues include depreciation; risk and uncertainty; sensitivity analysis; and global economic factors that impact the economy and project funding. Students will perform an empirical evaluation of project feasibility using cost-benefit tools. Prerequisite: ECON 5314 or consent of instructor.