Transport Economics

The first 200 words of this essay...

Applied Economics and Marketing for Managers

Assignment Part B

07235569

10/6/2008

Table of Contents

Table of Contents 2

Abstract 3

Comparison of Financial Appraisal and Cost Benefit Analysis 3

Application of Cost Benefit Analysis on Metro Rail System set up in New Delhi 5

Financial Costs and Benefits of the Metro 7

Identification of Economic Benefits and Costs of Metro 10

Reference 12

Appendix 13

Stakeholder Analysis 13

Abstract

Governments and private business houses have different objectives to achieve. Hence the approach to appraise the expenditure is different. Financial Appraisal and Cost Benefit Analysis are few techniques used by governments and private sector companies. Private sector companies look at the financial aspect of business, which are the profit, return on investment, net present value etc. State owned enterprise will also look at the society as well, along with the financial aspects. There are many projects that are done in public-private sector partnerships. The rationale behind any project could depend on many factors such as political, social, economic, environmental, technological etc. Transport is one such area where both private and public sector companies are interested. To