Tuesday, May 3, 2016
Group Assignment – Managerial Economics
As your Group Assignment, you are required to conduct a Cost and Benefit Analysis of the Construction Project of Male’-Hulhule’ Bridge, and write a Report based on the analysis. In your analysis, you are required to consider the benefits to the individuals, businesses, and the society as a whole. Benefits may be expressed in monetary terms, and as well as non-monetary terms. Likewise, discussion of costs will include both accounting costs, as well as other economic costs like the opportunity costs of Bridge.
Based on your discussion of the
costs and benefits of the Bridge, what will be your recommendations about the
Project?
Key Terms applicable in your
Assignment include:
Publics Goods
Tragedy of the Commons and the Use
of common resources
Free-rider problem
Scarcity and Opportunity Costs
Positive and Negative Externalities
Guidelines:
1. It has to be team effort of the Group - you can assign tasks among all group members, and make sure there is contribution of all the members. I may be assessing individual participation at a later stage.
2. The Report should be between 2500 - 3000 words
3. The Assignment covers 30% of your Aggregate marks
4. Due date is 19th May 2016
5. Assignment will be marked based on the following criteria:
|
Literature Review
|
20
|
|
Presentation of Discussion
|
40
|
|
Recommendations
|
30
|
|
Clarity
|
10
|
|
Total
|
100
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