New UK coal mine

 Therer are private and external costs and benefits from this proposal, now given the go-ahead. Would you expect the social benefits to exceed the social cost? https://www.tutor2u.net/economics/blog/climate-controversy-first-uk-coal-mine-for-30-years-given-the-green-light?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_d165e049a7d39dad416275c2d3b07327&utm_source=CampMonitor&utm_term=Climate%20Controversy%20-%20First%20UK%20Coal%20Mine%20for%2030%20Years%20Given%20the%20Green%20Light

Costs, benefits and opportunity cost: The M4 relief road in South Wales

Great article from the BBC with an opportunity cost video half way down
https://www.bbc.co.uk/news/uk-wales-48512697

Costs and benefits; mining in a national park

This proposal has both private and external benefits and costs? Should it be given the go ahead?


http://beta.tutor2u.net/economics/blog/mining-for-polyhalite-in-a-national-park

Cost Benefit Analysis: Swansea lagoon

Thanks to tutor2u for pulling together these resources


http://www.tutor2u.net/blog/index.php/economics/comments/cost-benefit-analysis-swansea-tidal-lagoon?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:08:17:00Z

Unit 1: Should Australia build a natural gas liquification plant?

Plenty of debate in Australia, says Aljazeera

http://www.youtube.com/watch?v=JKtGRY4gkHY

a) Identify private costs, external costs. private benefits and external benefits associated with the project
b) On what basis should the Australian Government reject or accept this proposal?

Unit 2: Costs and benefits associated with the Severn barrage

This BBC clip and associated article highlights the 2 sides of the argument regarding the proposed Severn barrage project

http://news.bbc.co.uk/1/hi/sci/tech/7450882.stm video

http://news.bbc.co.uk/1/hi/wales/7448973.stm article

a) Explain a private cost asociated with the barrage
b) Explain a private benefit asociated with the barrage
c) Explain an external cost asociated with the barrage
d) Explain an external benefit asociated with the barrage
e) Environmentalists suggest wind generation as an alternative: Explain how cost benefit analysis could be used to decide which project(s) the government should fund

Unit 2: Using Cost Benefit Analysis in economics

From Geoff Riley at tutor2u comes this great article on how CBA can be used in economics

http://www.tutor2u.net/blog/index.php/economics/comments/using-the-cost-benefit-principle-in-your-as-exam-tomorrow/