Wednesday, November 29, 2006

Unit 2: Social costs and social benefits: Donald Trump and golf course developments

Here are 2 stories from the Guardian about the American developer Donald Trump's plan for a golf development in Scotland. Read both articles and then

a) Identify private costs associated with the project
b) Identify external costs associated with the project
c) Identify private benefits associated with the project
d) Identify external benefits associated with the project
e) How might decision makers use cost-benefit analysis to help decide whether this proposed project be allowed to go ahead

http://business.guardian.co.uk/story/0,,1957686,00.html

http://sport.guardian.co.uk/golf/story/0,,1959410,00.html

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