Economic Assessment of Investments
Course title: Economic Assessment of Investments
Code: 3ФЕИТ09Л008
Number of credits (ECTS): 3
Weekly number of classes: 2+1+0+0
Prerequisite for enrollment of the subject: None
Course Goals (acquired competencies): This course is designed to provide basic knowledge in the methods for economic assessment. The students will be trained to perform cost benefit and risk analysis of investments.
Total available number of classes: 180
Course Syllabus: Introduction to financial analyses. Classification of costs. Time value of money. Cash flow. Liquidity. Shares. Risk factor of investments. Calculation of Weighted average cost of capital (WACC). Methods for economic assessment: Net present value method, Internal rate of return method, Minimal cost method, Equivalent annual value method, Period of return of investments. Financial and economic profitability of investments. Risk analysis in economic assessment. Evaluation of investment programs.
Literature:
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Required Literature |
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No. |
Author |
Title |
Publisher |
Year |
|
1 |
Daniel Kirschen, Goran Strbac |
Fundamentals of Power System Economics |
John Wiley & Sons |
2004 |
|
Additional Literature |
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|
No. |
Author |
Title |
Publisher |
Year |
|
1 |
Paul A. Samuelson, William D. Nordhaus |
Economics |
McGraw-Hill / Mate |
2011 |
|
2 |
Donald G. Newnan, Ted G. Eschenbach, Jerome P. Lavelle |
Engineering Economic Analysis |
Oxford University Press |
2004 |
|
3 |
Hisham Katib |
Economic evaluation of projects in the Electicity Supply Industry |
Institution of Engineering and Technology, London, United Kingdom |
2003 |
