Overview
Defining the different cost concepts and
how to measure and distinguish between them, and identify the different
concepts of returns and methods of measuring them, then be able to estimate the
costs and returns of a policy in monetary terms and clarify whether the policy,
project or investment has returns greater than the costs and the analysis is as
good as the quality of the data, and the ability to analyze The costs and
benefits of any investment decision to analyze which decisions to make and
which to let go
Intended learning outcomes
A. Knowledge and understanding.
- The ability to identify cost concepts,
types and classifications.
- To familiarize the student with the
different theories of costs.
- To familiarize the student with the concept
of returns, how to measure them, and the criteria that must be met.
- That the student explain the relationship
between costs and revenues (practical cases).
- To familiarize the student with the methods
of evaluating projects.
B- Mental skills:
- That the student distinguish between the
different types of project costs and how to determine them.
- That the student compare the costs of
different investment projects.
- That the student be able to determine the
returns of the various investment projects.
- The student proposes different alternatives
and the advantages and disadvantages of each alternative.
- That the student be able to collect the
necessary data between costs and revenues for any policy and compare between
them
C- Scientific and professional skills:
- The ability to accurately determine,
measure and limit costs.
- The ability to measure revenue (returns).
- Compare costs with returns for any
investment decision.
- Trade-off between different returns to make
decisions
- Quantitative comparison between the results
of the total cost-benefit analysis
- Modern computer programs are used in the
analysis process.
D- General Skills:
- Ability to deliver and present.
- The ability to use a computer.
- The student should be able to communicate,
written and oral, through writing reports.
- The student should be able to use modern
technology in order to keep abreast of developments.
Teaching and learning methods
1. Attending the lectures required for the
course.
2. Reading and preparing for the course
topics from the prescribed references.
3. Asking students questions and
participating in answering them.
4. Participatory education through which
students are divided into groups and asked to do certain tasks.
5. Learning by inquiry.
Methods of assessments
Midterm Exam 20%
Oral Exam 20%
Final Exam 60%
|
Hours
|
Scientific subject
|
The week
|
|
3
|
Cost concepts
|
1
|
|
3
|
Cost lists according
|
2
|
|
6
|
cost theories
|
3-4
|
|
3
|
Practical cases
|
5
|
|
3
|
The concept of return on investment
|
6
|
|
3
|
Criteria to be met to measure the return
|
7
|
|
3
|
appropriate costs and revenues for decision-making
|
8
|
|
6
|
Analysis of the relationship between cost and profit
(break-even point)
|
9-10
|
|
6
|
Practical cases for cost-benefit analysis
|
11-12
|
|
6
|
Project evaluation methods
|
13-14
|
