High interest in EEI-Indonesia’s School of Valuation
Price does not always reflect value. Furthermore, something valuable sometimes doesn’t have a market price. In our economic system today, every decision made—be it household, business, as well as government policy—is still based on market price. Hence, to fulfill its mission to engage in capacity building, EEI-Indonesia held a capacity building program called School of Valuation (Sekolah Valuasi). The course was designed to introduce and educate people about the importance of economic valuation in decision making on environment issues. EEI-Indonesia successfully organized two batches of School of Valuation on 14-16 January 2016 and 11-13 February 2016, respectively.
The training invited participants from various background that were not yet familiar with economic valuation. EEPSEA alumni and experts served as the course instructors. Topics discussed included introduction to economic valuation, cost-benefit analysis, contingent valuation method, choice modelling, as well as other valuation methodologies widely used in the natural resource economics. there were 25 participants for each batch of the course.
The training courses receive much attention; applications received for both batches were over 100 each. Given this demand, EEI-Indonesia is looking forward to holding a similar course in the future.