4.2 Faculty should explain individual points as per reading materials in
Learning Unit 3. In addition faculty may explain with calculations (i)
Weighted average, (ii) Standard deviation.This will be followed by activities described for groups 3 and 4 analyzing case studies,
entitled and 'Damodar Valley Flood Control Scheme'. The case studies are drawn from
the book, entitled ‘Cost Benefit analysis: theory and practice’ by Ajit K. Dasgupta and
D.W. Pearce. Faculty should explain how to analyze the negative and positive effects of
the case studies under the different indicators of social cost benefit analysis.