COURSE: Economic tools in LCA - life cycle costing, external costs and cost-benefit analysis

Course subject: An introduction to the technique of life cycle costing (LCC). The objective and scope of LCC are illustrated with case studies. Macroeconomic concepts with relevance for LCA. The distinction between biophysical, economic and social externalities and their consistent treatment in LCA and Cost-Benefit Assessment. Different procedures for monetary valuation. Socio-economic classes and distributional analysis. The rationale and procedure for discounting. Uncertainty in LCC and other economic tools.

Complete course description is available here.

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