This course is discontinued

HME4303 – Project evaluation and analysis of investment decisions

Schedule, syllabus and examination date

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Course content

  • Methods of project evaluation
  • Types and relevance of models for the analysis of investment projects
  • User cost of capital
  • Sourcing decisions
  • Incorporating uncertainty in the models of investment decisions
  • Problems associated with taxation and inflation
  • Investment decisions in practice

Learning outcome

To provide the student with fundamental knowledge about project evaluation and in particular investment decisions within the institutional environments of health enterprises. The course also provides the student with knowledge of financial considerations related to investment decisions in health care organizations.


Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures.


Formal prerequisite knowledge



Lectures. There will also be practical examples and exercises in terms of cases.


Four hour written examination.

Examination support material

No examination support material is allowed.

Language of examination

All written exams and term papers at the master's programme in Health Economics, Policy and Management have to be conducted in English.

Grading scale

Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.

Explanations and appeals

Resit an examination

Withdrawal from an examination

It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.


The course is subject to continuous evaluation. At regular intervals we also ask students to participate in a more comprehensive evaluation.

Facts about this course







Teaching language