This course explores economic concepts and techniques that can be used for the valuation of the environment, how these support decisions regarding the optimal allocation of resources and the design of policy interventions. Read more Read less

In the search for methods that combine economic analysis and environmental assessments to achieve the goal of sustainable development, the measurement of environmental costs and benefits is an increasingly important element of the appraisal of policies and projects.

At a glance

  • Dates
    • Please enquire for course dates
  • Duration5 days
  • LocationCranfield Campus
  • Cost£1,400 - Standard (20% discount for Cranfield alumni, 10% discount for colleagues of alumni) £1,340 - Professional/trade association discount £1,280 - Multiple bookings* * Minimum of 5 delegates

What you will learn

On successful completion of this module the student will be able to:

  • Demonstrate an understanding and ability to apply different approaches and techniques to determining environmental value and demonstrate an understanding of the concepts of economic valuation and accounting
  • Demonstrate a conceptual understanding of methods to incorporate them into decision making techniques, especially extended cost benefit analysis, risk assessment and multi criteria analysis
  • Critically appraise the contribution of economic valuation and economic mechanisms to environmental policy
  • Demonstrate an appreciation of the purpose and methods of environmental accounting at sector and national level.

Core content

  • Techniques for non-market valuation: cost and income based approaches, demand estimation methods - expressed and revealed preference, choice modelling: examples of applications
  • Multi-criteria analysis
  • Stakeholder analysis
  • Environmental accounting at sector and national levels
  • Case study examples of application.

Upgrade to a professional qualification

Cranfield credits are available for this short course which you can put towards selected Cranfield degrees. Find out more about short course credit points.

Accommodation options and prices

Accommodation is available at Mitchell Hall which is located on campus. All rooms are en-suite and bookings are on a half-board basis from Sunday to Friday. If you would like to book accommodation for this short course at Mitchell Hall, please indicate this on the registration form and we will arrange this for you.

Alternatively, you may wish to make your own arrangements at a nearby hotel.

Location and travel

Cranfield University is situated in Bedfordshire close to the border with Buckinghamshire. The University is located almost midway between the towns of Bedford and Milton Keynes and is conveniently situated between junctions 13 and 14 of the M1.

London Luton, Stansted and Heathrow airports are 30, 90 and 90 minutes respectively by car, offering superb connections to and from just about anywhere in the world.

For further location and travel details

Location address

Cranfield University
College Road 
MK43 0AL

Read our Professional development (CPD) booking conditions.