Economic Assessment of Investments

Последна измена: October 25, 2019

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:

Required Literature

No.

Author

Title

Publisher

Year

1

Daniel Kirschen, Goran StrbacFundamentals of Power System EconomicsJohn Wiley & Sons2004

Additional Literature

No.

Author

Title

Publisher

Year

1

Paul A. Samuelson, William D. NordhausEconomicsMcGraw-Hill / Mate2011

2

Donald G. Newnan, Ted G. Eschenbach, Jerome P. LavelleEngineering Economic AnalysisOxford University Press2004

3

Hisham KatibEconomic evaluation of projects in the Electicity Supply IndustryInstitution of Engineering and Technology, London, United Kingdom2003