KATTAS33 Cost-Benefit and Cost-Effectiveness Analysis for Social Planning 5 ECTS
Period I Period II Period III Period IV
Language of instruction
Type or level of studies
Advanced studies
Course unit descriptions in the curriculum
Degree Programme in Business Studies
Faculty of Management

Learning outcomes

By the end of the course, participants should be
- familiar with the applicability of economic evaluation for social decision making
- familiar with main methods used in different types of economic appraisal
- able to critically assess analyses that are used as an aid in public decision making
- able to carry out standard cost-benefit or cost-effectiveness analyses.

General description

The course gives an analytical viewpoint to the evaluation of multidisciplinary issues. It covers a range of economic approaches that can be described as cost-benefit or cost-effectiveness analyses, which are broadly used in assessing the social value of all kinds of public projects and policies. Such methods are commonly used in the health care sector, but the course surveys also other fields of application, such as social care, education, fire safety, traffic planning, etc. The need for economic appraisal is constantly increasing in all fields, and capability to conduct such analyses is a valuable asset for all whose work touches on social planning.

The course starts with an overview of the theory underlying economic evaluation, and presents some representative applications of the framework. Then, the course digs deeper into the practical applicability of the methods in various exemplary fields. In particular, the methodological and data-dependent pitfalls of the applications are discussed, and the examples are illustrated by computer aided exercises. The final part of the course shows how to generate cost-effectiveness information for using them in practical decision making (including applications in mass screening in public health, school dropout, etc.). 

Enrolment for University Studies

Enrolment time has expired


Pekka Rissanen, Teacher
Jean-Michel Josselin, Teacher
Katri Sieberg, Teacher
Neill Booth, Teacher
Olli Kurkela, Teacher
Markku Konttinen, Support person

Homepage URL


26-Nov-2018 – 7-Dec-2018
Lectures 36 hours
Mon 26-Nov-2018 at 12-16, Päätalo A2a
Tue 27-Nov-2018 - 4-Dec-2018 weekly at 10-14, ml 8 (TietoPinni B0090)
Wed 28-Nov-2018 - 5-Dec-2018 weekly at 10-14, ml 8 (TietoPinni B0090)
Thu 29-Nov-2018 at 10-14, ml 8 (TietoPinni B0090)
Fri 30-Nov-2018 - 7-Dec-2018 weekly at 10-14, ml 8 (TietoPinni B0090)
Mon 3-Dec-2018 at 10-14, ml 8 (TietoPinni B0090)


Numeric 1-5.

Evaluation criteria

The coursework is evaluated upon 
•    active participation in lectures 
•    completion of a given exercise task (individually or in small-groups) 
•    a written learning diary. 

Further information

This course is targeted for all doctoral researchers who find economic assessment of public policies relevant to their doctoral studies. Advanced graduate students are secondarily eligible to the course within the teaching group limits (about 30 students).