MAE307: Techniques for Business and Economic Analysis - Economics Assessment Answer

TASK: Techniques for Business and Economic Analysis (MAE307)

Question 1: (MAE307)
The Victorian government has decided to give $15 million to a local council to construct an aquatic centre, which includes a gymnasium, and employ instructors to develop exercise programs and provide instruction for people diagnosed with Type 2 diabetes. Participants in the programme will not be charged for the service.
(i) Conduct a social CBA of this proposal.
(ii) Clearly state the assumptions you are making.
(iii) Interpret your results using economic theory.

Question 2: (MAE307)

It is proposed to spend $100 million on a bowel cancer screening program in rural areas of Victoria. People will not be charged for the service.
(i) Conduct a social CBA of this proposal.
(ii) Clearly state the assumptions you are making.
(iii) Interpret your results using economic theory.

Question 3: (MAE307)
It is proposed to increase spending by $100 million on a quit smoking program in rural areas
of Victoria. People will not be charged for the service.
(i) Conduct a social CBA of this proposal.
(ii) Clearly state the assumptions you are making.
(iii) Interpret your results using economic theory.

Question 4: (MAE307)
It is proposed to spend $100 million to fluoridate a rural areas’s water supply to improve dental
health.
(i) Conduct a social CBA of this proposal.
(ii) Clearly state the assumptions you are making.
(iii) Interpret your results using economic theory.

Question 5: (MAE307)
The government is proposing to spend $100 million on a new Headspace centre in a rural district to tackle the distressing problem of youth suicide and depression. People will not be charged for the service.
(i) Conduct a social CBA of this proposal.
(ii) Clearly state the assumptions you are making.
(iii) Interpret your results using economic theory.

Question 6: (MAE307)
(i) Assess the net social value of irrigation water produced and consumed in the Murray-Darling basin for the latest year in which information is available.
(ii) Clearly state your assumptions.
(iii) Interpret your results using economic theory.

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