Module Provider: |
School of Agriculture, Policy and Development |
Number of credits: |
10 [5 ECTS credits] |
Level: |
H (Honours) |
Terms in which taught: |
Spring |
Module Convenor: |
Dr
CS
Srinivasan |
Pre-requisites: |
|
Co-requisites: |
|
Modules excluded: |
|
Current from: |
2005/6 |
Aims:
This module aims to enable students to:
Appreciate the role of project appraisal in making informed decisions on the allocation of resources for agricultural and rural development.
Understand the distinction between financial, economic and social dimensions of project appraisal.
Understand the need for integrating environmental assessment in project appraisal.
Understand how macroeconomic, policy and management issues affect the outcome of agricultural and rural development projects. |
Assessable learning outcomes:
At the end of this module, students should be able to:
Have a sound understanding of the analytical concepts and tools of project appraisal and apply them in the context of real life projects and case studies.
Carry out discounted cash flow analysis and basic economic cost-benefit analysis.
Understand the dimensions of social appraisal including likely impact on different income groups, social groups and gendered impacts.
Appreciate how policy issues are relevant in the context of project appraisal. |
Additional outcomes:
In addition, students should be able to:
Understand the relevance of project appraisal in agricultural and rural development.
Appreciate reasons agricultural development projects and programmes may fail.
Develop the ability to assess/forecast project outcomes. |
Outline content:
Lectures
Introduction: Role of projects in agricultural and rural development
The dimensions and nature of appraisal.
Financial and economic appraisal.
Discounted cash flow analysis.
Economic cost benefit analysis
Risk and sensitivity analysis.
Environmental assessment.
Social appraisal.
Assessing the impact of policy on projects
Exercises
Financial appraisal exercises.
Economic appraisal case study
Environmental appraisal exercises.
Social appraisal case study. |
Brief description of teaching
and learning methods:
The module will be covered through nine lectures and four sessions devoted to exercises/case studies. Additional sessions will be arranged in the computer lab for students, if required, to complete the practical exercises/ case studies. |
Contact hours:
| |
Autumn |
Spring |
Summer |
| Lectures |
|
20 |
|
| Tutorials/seminars |
|
|
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| Practicals |
|
8 |
|
| Other contact (eg study visits) |
|
|
|
| |
|
|
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| Total hours |
|
28 |
|
| |
|
|
|
| Number of essays or assignments |
|
2 |
|
| Other (eg major seminar paper) |
|
|
|
|
Assessment:
Coursework
The module will be assessed through two assignments based on project appraisal case studies (50%) and an end-of-module test of two-hour duration (50%)
Relative percentage of coursework: 100%
Examinations:
None
Requirements for a pass:
40% overall. |
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