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English
Economic Feasibility Studies and Projects Evaluation
Types of Investment
The Importance of Investment
)Investment Goals (Objectives
Long-Run and Short-Run Investment
Return and Risk
Profitability
Liquidity
Safety
22

Conservative Investor
Speculator Investor
Balanced Investor
Relevance
Determinants of Investment
Primary Economic Feasibility. Study
Detailed Economic Feasibility. Study
Technical Feasibility Study
Suitable Size
Project Location
Raw Material
Cost of Transportation
Distance From Market
Energy
Labor Force
Degree of Localization
Choice of the suitable Production Techniques
Determination of Raw Material Requirement
Determination of Labor Requirement
Preference Between Projects
Technological Progresses
Stages of Preference Between Projects
Economic Methods of Preference
The Importance of Project for National Economy
The Importance of Project for Employment
The Importance of Project in Payments Balance
Technical Methods
Financial Methods
Time Value of Money
Present Value
Discounting
Methods of Measuring the Present Value of Cash Flow
Criteria of Projects Evaluation
Nature and Importance of Projects Evaluations Process
Importance of Projects Evaluations Process
Project Evaluation Criteria
Measuring Non-discounted Commercial Profitability
Certainty Conditions
Non-Discounted Criteria
Discounted Criteria
Pay-Back Period
Appraisal of Pay-Back Period Criterion
Average Rate of Return
23

Measurement of Discounted Commercial Profitability

Net Present Value Criterion
Profitability (present value) Index
Cost/ Benefit Criterion
Internal Rate of Return
Trial and Error
Appraisal of Discounted Economic Criteria
Commercial Profitability Under Uncertainty Conditions
Break-Even Point
Decision Tree
Sensitivity Analysis
National or Social Profitability Criteria
Project Contribution in Employment
Project Contribution in Payment Balance
National Labor Productivity
Designed Capacity
Available Capacity
Actual Capacity
Adjusted Exchange Rate
Efficiency Performance Appraisal in Existing Firms
Functions of Performance Appraisal
Appraisal of Project Objectives
Productivity Capacity Criteria
Overall Productivity
Partial Productivity
Rate of Return on Investment Criterion
Time Series
Ranking Investment Alternatives
Decisions for Alternative Choice
Investment Opportunities

)(2


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