This is an archived course. A more recent version may be available at ocw.mit.edu.

Archived Versions

Calendar

The calendar below provides information on the course's lecture (L) and recitation (R) sessions.

SES # TOPICS KEY DATES
Part I: Introduction to CEE Projects
L1 Class Overview: CEE Projects and Sustainable Development Problem set 1 out
R1 Recitation: Introduction to Spreadsheets  
L2 Mobility in the 19th Century: Roads, Canals, and Railroads  
L3 Panama Canal Case Study

Problem set 1 due

Problem set 2 out

R2 Recitation: Panama Wrap-Up  
Part II: Time and Money
L4 Cost Concepts and Design Economics  
L5 Cost Concepts and Design Economics (cont.)  
R3 Recitation  
L6 Time and Money: The Principle of Equivalence

Problem set 2 due

Problem set 3 out

L7 Time and Money: Nominal and Effective Interest Rates and Continuous Compounding  
R4 Recitation: Intro to Time-Value of Money Quiz 1
L8 Choosing a Discount Rate  
L9 Equivalent Methods for Comparing Benefits and Costs
(Basic Methods - PW, FW, AW, IRR, ERR)
 
R5

Recitation: Quiz Review

Term Project Preparation

Follow-Up Details

Problem set 3 due
L10 Quiz (basic cost concepts; breakeven analysis; equivalence; choice of discount rates; motivation for projects)  
Part III: Evaluating Alternatives
L11 Comparing Alternatives Problem set 4 out
R6 Multiple Perspectives - Public vs. Private Projects Paper topic due
L12 Multiple Decision Criteria  
L13 Rules of the Game: How Taxes and Regulations Influence Project Evaluation  
R7

Recitation - Discuss Project Topics

Quiz 2

Problem set 4 due

Problem set 5 out

Quiz 2

Part IV: Assessing Sustainability
L14

CEE Projects and Public Needs: Accessibility

How effectively will the proposed projects or program address their objectives? Will there be enough money to pay the bills?

 
L15 CEE Projects and Public Needs: Water and Transportation Projects in Tianjin, China (Jodie Misiak)  
R8 Recitation

Problem set 5 due

Problem set 6 out

L16 Environmental Impact Assessment of CEE Projects (Susan Murcott)

How important are the externalities associated with proposed projects or programs? Can the environment and society withstand the changes?
 
L17 Environmental Impact Assessment  
R9 Recitation: Environmental Impact Assessment

Problem set 6 due

Problem set 7 out

L18 Social Impact Assessment (Susan Murcott)  
L19 Dealing with Uncertainty - Sensitivity Analysis, Scenarios, Partnerships

How can we modify a project or a program to make it more sustainable, i.e. more effective and less disruptive to the environment and to society?
 
R10 Recitation Problem set 7 due
L20 Improving Projects and Programs: Reducing risks, reducing costs, more equitable sharing of benefits, reducing negative social or environmental impacts, improving quality  
R11 Quiz (Ranking mutually independent alternatives; using depreciation and taxes to promote public policy; cost effectiveness; assessing sustainability issues) Quiz 3
Part V: CEE Project Reports
L21 How to critique a project: Planning your presentation, structuring a project report, and writing an executive summary  
L22 The Interstate Highway System: Vision, Design, and Impacts (20-minute presentation followed by class discussion of sustainability issues related to highways)  
R12 Recitation: Time available for coordination of project presentations  
L23 Recitation: Time available for coordination of project presentations (cont.)  
L24 Project Presentations Presentation due
R13 Project Presentations (cont.)  
L25 Project Presentations (cont.)  
L26 Project Presentations (cont.) Project Report due