Financial and Economic Appraisal for Environmental Management

Course structure Half of this five-day course is delivered through a class-room based exercise looking at the financial and societal (economic) benefits and cost of a woodland establishment project. The other half of the course is delivered through lectures and seminars from Cranfield University staff and external speakers.
What you will learn

On successful completion of this module the student will be able to:

• Demonstrate an understanding of and differences between equity and efficiency
• Demonstrate an understanding of the role that equity and efficiency play in policy making and the trade-offs involved
• Critically evaluate different measures of welfare changes with respect to the environment
• Demonstrate a systematic understanding of cost-benefit analysis
• Demonstrate an understanding of cost-benefit analysis through the application of the principles to an case study application.