Choose ONE of the following projects for your analysis:

1. A new sporting stadium

2. The development of new tram routes in Adelaide

3. The construction of a new Royal Adelaide Hospital

Assignment
1. Discuss the economic arguments for and against the use of public funds for these projects (50%).

2. Imagine you are part of a team conducting a cost-benefit analysis of one of these. Consider any two possible benefits and discuss how you would go about measuring their effect and what assumptions would need to be made (50%).