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Cost-Benefit Analysis in the Public Sector
Major: Public management and administration
Code of subject: 7.281.06.E.023
Credits: 3.00
Department: Department of regional and local development
Lecturer: Yevhen Matviishyn
Semester: 2 семестр
Mode of study: денна
Завдання: General competences:
01. Ability to abstract thinking, analysis and synthesis.
05. Ability to make informed decisions and use modern communication technologies.
07. Ability to generate new ideas (creativity).
Professional competences:
05. The ability to represent public administration bodies in relations with other state bodies and local self-government bodies, public associations, enterprises, institutions and organizations regardless of the forms of ownership, citizens and establish effective communications with them.
07. Ability to independently prepare draft regulations, analytical reports, proposals, reports, provide expert evaluation of regulations at various levels of public management and administration
Learning outcomes: 04. Use modern statistical methods, models, digital technologies, specialized software to solve complex problems of public management and administration.
10. To represent public administration bodies and other organizations of the public sphere and to present the results of their activities to specialists and the general public.
12. Plan and carry out scientific and applied research in the field of public management and administration, including analysis of issues, setting goals and objectives, selection and use of theoretical and empirical research methods, analysis of its results, formulation of substantiated conclusions
Required prior and related subjects: Previous academic disciplines:
Public finance and sustainable development.
Summary of the subject: The discipline examines the problems of interrelationships between limited financial resources and everyday decisions, as well as the method of conducting a benefit-cost analysis for comparing options for the implementation of state and municipal projects and programs
Опис: Topic 1. Economic efficiency of decision-making.
Topic 2. Measuring costs and results.
Topic 3. Project selection criteria.
Topic 4. Application of cost-benefit analysis at variable prices. Computer tools for analysis of benefits and costs
Topic 5. Use of cost-benefit analysis for public policy analysis.
Assessment methods and criteria: The main organizational forms of education are lectures, practical classes, independent work, performance of individual tasks and control activities. Students are encouraged to independently work on the literature and perform individual tasks using the technologies of information and analytical activity. The current control covers the implementation and defense of practical works, oral and frontal examination. Knowledge assessment methods: selective oral survey; tests, assessment of activity, submitted proposals, original solutions, clarifications and definitions, etc.
Критерії оцінювання результатів навчання: The system of monitoring students' knowledge and skills includes:
- current control (in practical classes) - up to 40 points;
- final evaluation in the form of an exam (computer testing) – 60 points.
Порядок та критерії виставляння балів та оцінок: 100–88 points – (“excellent”) is awarded for a high level of knowledge (some inaccuracies are allowed) of the educational material of the component contained in the main and additional recommended literary sources, the ability to analyze the phenomena being studied in their interrelationship and development, clearly, succinctly, logically, consistently answer the questions, the ability to apply theoretical provisions when solving practical problems; 87–71 points – (“good”) is awarded for a generally correct understanding of the educational material of the component, including calculations, reasoned answers to the questions posed, which, however, contain certain (insignificant) shortcomings, for the ability to apply theoretical provisions when solving practical tasks; 70 – 50 points – (“satisfactory”) awarded for weak knowledge of the component’s educational material, inaccurate or poorly reasoned answers, with a violation of the sequence of presentation, for weak application of theoretical provisions when solving practical problems; 49-26 points - ("not certified" with the possibility of retaking the semester control) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to apply theoretical provisions when solving practical problems; 25-00 points - ("unsatisfactory" with mandatory re-study) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to navigate when solving practical problems, ignorance of the main fundamental provisions.
Recommended books: 1. Blishchuk K.M., Matviishyn E.H. Economic analysis of state policy: basic concepts, approaches and applications: Study guide. - Lviv: LRIDU NADU, 2007. - 268p.
2. Matviishyn E.H. Analysis of benefits and costs in the public sector: Methodological recommendations. - Lviv: LRIDU NADU, 2008. – 32 p.
3. An Introduction to Cost Benefit Analysis. URL: https://www.sjsu.edu/faculty/watkins/cba.htm
4. Boadway, Robin. Cost-Benefit Analysis in The Oxford Handbook of Well-Being and Public Policy / Edited by Matthew D. Adler and Marc Fleurbaey. Nov 2016. DOI: 10.1093/oxfordhb/9780199325818.013.2.
5. Cost-Benefit Analysis: Deciding, Quantitatively, Whether to Go Ahead. URL: https://www.mindtools.com/pages/article/newTED_08.htm.
6. Cost Benefit Analysis for Projects – A Step-by-Step Guide. URL: https://www.projectmanager.com/blog/cost-benefit-analysis-for-projects-a-step-by-step-guide.
Information resources
1. State Statistics Service of Ukraine: http://www.ukrstat.gov.ua/.
2. International Center for Advanced Studies / http://www.icps.com.ua/index.html
3. Open Budget / Open budget. URL: https://openbudget.gov.ua
4. The Guidelines for Consideration and Expert Evaluation of Scientific Research and Development Projects Submitted to the National Research Foundation of Ukraine to Participate in Competitive Selection / Approved: Decision of the Scientific Council of the National Research Foundation of Ukraine (Minutes of the meeting No. 2 dated February 14, 2020). URL: https://nrfu.org.ua/wp-content/uploads/2020/07/the_guidelines.pdf
5. What is Cost Benefit Analysis? Examples and Steps. URL: https://www.thestreet.com/personal-finance/education/cost-benefit-analysis-14878947
Уніфікований додаток: Lviv Polytechnic National University ensures the realization of the right of persons with disabilities to obtain higher education. Inclusive educational services are provided by the Service of accessibility to learning opportunities "Without restrictions", the purpose of which is to provide permanent individual support for the educational process of students with disabilities and chronic diseases. An important tool for the implementation of the inclusive educational policy at the University is the Program for improving the qualifications of scientific and pedagogical workers and educational and support staff in the field of social inclusion and inclusive education. Contact at:
St. Karpinsky, 2/4, 1st floor, room 112
E-mail: nolimits@lpnu.ua
Websites: https://lpnu.ua/nolimits https://lpnu.ua/integration
Академічна доброчесність: The policy regarding the academic integrity of the participants of the educational process is formed on the basis of compliance with the principles of academic integrity, taking into account the norms "Regulations on academic integrity at the Lviv Polytechnic National University" (approved by the academic council of the university on June 20, 2017, protocol No. 35).
Cost-Benefit Analysis in the Public Sector (курсовий проєкт)
Major: Public management and administration
Code of subject: 7.281.06.E.026
Credits: 3.00
Department: Department of regional and local development
Lecturer: Yevhen Matviishyn
Semester: 2 семестр
Mode of study: денна
Завдання: General competences:
01. Ability to abstract thinking, analysis and synthesis.
05. Ability to make informed decisions and use modern communication technologies.
07. Ability to generate new ideas (creativity).
Professional competences:
05. The ability to represent public administration bodies in relations with other state bodies and local self-government bodies, public associations, enterprises, institutions and organizations regardless of the forms of ownership, citizens and establish effective communications with them.
07. Ability to independently prepare draft regulations, analytical reports, proposals, reports, provide expert evaluation of regulations at various levels of public management and administration
Learning outcomes: 04. Use modern statistical methods, models, digital technologies, specialized software to solve complex problems of public management and administration.
10. To represent public administration bodies and other organizations of the public sphere and to present the results of their activities to specialists and the general public.
12. Plan and carry out scientific and applied research in the field of public management and administration, including analysis of issues, setting goals and objectives, selection and use of theoretical and empirical research methods, analysis of its results, formulation of substantiated conclusions
Required prior and related subjects: Previous academic disciplines:
Public finance and sustainable development.
Summary of the subject: The discipline examines the problems of interrelationships between limited financial resources and everyday decisions, as well as the method of conducting a benefit-cost analysis for comparing options for the implementation of state and municipal projects and programs
Опис: Topic 1. Economic efficiency of decision-making.
Topic 2. Measuring costs and results.
Topic 3. Project selection criteria.
Topic 4. Application of cost-benefit analysis at variable prices. Computer tools for analysis of benefits and costs
Topic 5. Use of cost-benefit analysis for public policy analysis.
Assessment methods and criteria: Methods of evaluating results: evaluation of submitted proposals, original solutions, calculations, etc.
Критерії оцінювання результатів навчання: Defense of the coursework (100%)
Recommended books: 1. Blishchuk K.M., Matviishyn E.H. Economic analysis of state policy: basic concepts, approaches and applications: Study guide. - Lviv: LRIDU NADU, 2007. - 268p.
2. Matviishyn E.H. Analysis of benefits and costs in the public sector: Methodological recommendations. - Lviv: LRIDU NADU, 2008. – 32 p.
3. An Introduction to Cost Benefit Analysis. URL: https://www.sjsu.edu/faculty/watkins/cba.htm
4. Boadway, Robin. Cost-Benefit Analysis in The Oxford Handbook of Well-Being and Public Policy / Edited by Matthew D. Adler and Marc Fleurbaey. Nov 2016. DOI: 10.1093/oxfordhb/9780199325818.013.2.
5. Cost-Benefit Analysis: Deciding, Quantitatively, Whether to Go Ahead. URL: https://www.mindtools.com/pages/article/newTED_08.htm.
6. Cost Benefit Analysis for Projects – A Step-by-Step Guide. URL: https://www.projectmanager.com/blog/cost-benefit-analysis-for-projects-a-step-by-step-guide.
Information resources
1. State Statistics Service of Ukraine: http://www.ukrstat.gov.ua/.
2. International Center for Advanced Studies / http://www.icps.com.ua/index.html
3. Open Budget / Open budget. URL: https://openbudget.gov.ua
4. The Guidelines for Consideration and Expert Evaluation of Scientific Research and Development Projects Submitted to the National Research Foundation of Ukraine to Participate in Competitive Selection / Approved: Decision of the Scientific Council of the National Research Foundation of Ukraine (Minutes of the meeting No. 2 dated February 14, 2020). URL: https://nrfu.org.ua/wp-content/uploads/2020/07/the_guidelines.pdf
5. What is Cost Benefit Analysis? Examples and Steps. URL: https://www.thestreet.com/personal-finance/education/cost-benefit-analysis-14878947