KB7037 - Project Feasibility and Economics

KB7037 - Project Feasibility and Economics - Northumbria University

Project Economics and Feasibility: practical applications, and literature review

Learning Outcome 1: Distinguish the economic perceptions of business organisations as clients/sponsors, professional advisors (independent practice), and contracting organizations.

Learning Outcome 2: Reconcile the different economic perspectives relevant to demand, supply, costs and revenues and the operation of markets.

Learning Outcome 3: Articulate a broad awareness of economics and project economics nomenclature.

Learning Outcome 4: Develop your skills in recommending appropriate strategies for effective financial control in competition / collaboration; public/private sector interactions, and in the interpretation of economic data for resource forecasting.

Learning Outcome 5: Develop and reinforce the ethical characteristics of a Northumbria graduate as you consider the values that underpin ethical approaches to project feasibility and justification. You will have the opportunity to reflect on how these are linked to your own values.