Blog archive: April 2018

New edition of course on economic tools in LCA

April 30, 2018 by ILCA

Here at ILCA we are happy to announce that there will be a 2019 edition of the course:
‘Economic tools in LCA – Life cycle costing, external costs and cost‑benefit analysis‘.

This course brings together experienced teachers from Germany, Spain and Denmark for an introduction to the technique of life cycle costing (LCC). In the course the objective and scope of LCC are illustrated with case studies. We will also discuss macroeconomic concepts with relevance for LCA as well as the distinction between biophysical, economic and social externalities and their consistent treatment in LCA and Cost-Benefit Analysis (CBA).

Different procedures for monetary valuation and socio-economic classes and distributional analysis are also on the menu for the course, as is the rationale and procedure for discounting.

Finally, all of this is then related to the ISO standardisation of LCC, CBA, and monetary valuation. All in all, a very complete approach to the theme of economic tools in LCA.