Event Details

Date & Time: 
Tuesday, 20 June 2017 (All day)
Room: 
Room 201, Level 2, Cycad Building (1018)

Module A4 - Understanding Social Cost-Benefit Analysis  (1 day 9:00 am - 5:00 pm )

Purpose

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 be able 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

$660 (student discount 25%)

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