Training - Introduction to Non-Market Economic Valuation Methods, 20-23 July 2015, Yerevan, Armenia

Publish Date: Jul 10, 2015

Deadline: Jul 15, 2015

Event Dates: from Jul 20, 2015 12:00 to Jul 23, 2015 12:00

Training description

The training is an introduction to non-market economic valuation techniques and applications. These methods are increasingly used in environmental sciences, health sciences, and business contexts to determine economic values and market prices for goods and services that are not commonly traded in the marketplace. For example, how to determine the value of recreational park access? How to determine the licensing fees for fishing or other similar activity? How to determine the value of lost life (say due to injury or accident) or reduction in the quality of life. What is the value (or price) of an environmental (cleaner air, water, etc.) or health (improved vision, quality of life, etc.) good or service? What can an agribusiness firm charge for agribusiness byproducts?

Target audience

Business professionals, researchers, current students

Training method

Face-to-face; lectures and practice examples

Expected outcomes 

At the end of the training, the trainees will have a basic understanding of the non-market economic valuation methods and their applications to real world situations. They will identify issues and problems that can be addressed/solved by applying such techniques.


Daily Agenda

Day 1: July 20, 18:30-20:00       

  • Training Overview, Learning Objectives, and Outcomes.
  • Introduction to Impact Valuation.
  • Overview of indirect market valuation techniques (revealed preferences and stated preferences).
  • Revealed Preferences methodology and applications.             

Day 2: July 21, 18:30-20:00       

  • States Preferences Method.
  • Detailed Methodology and applications.

Day 3: July 22, 18:30-20:00       

  • Case studies using real world examples.
    • Revealed Preferences methods
    • Stated Preferences methods
  • Introduction to the Trainee Project
    • Each training participants prepares a proposal (1 page max)
    • Participants identify an important issue/problem to be addressed using one of the methods learned during the training into his or her work, research, or community.

Day 4: July 23, 18:30-20:00       

  • Trainee project presentations, discussion, and feedback
  • Training wrap-up and sharing useful resources for future use and practice

Instructor             Vahé Heboyan

Assistant Professor of Health and Behavioral Economics

Georgia Regents University

Augusta, GA, United States

Training Title Introduction to Non-Market Economic Valuation Methods

Place, Dates & Time ICARE Foundation: 74 Teryan Street, Yerevan, Armenia

                                         July 20-23, 2015,  18:30-20:00

Working language English

Time                         1.5 hours each day

Fee This training is FREE of charge.

Certificate Certificates will be granted to participants who attend all the

                                          training sessions

 Registration deadline: July 15, 18:00. To register, fill out the Registration Form

                                          (available on and the ATC Facebook page)  

                                          and send to ICARE Executive Assistant Mrs. Arpine Arakelyan  

                                          at .

                                          For more information call 010 522-839 (extension 16).

Download the registration form here:,%20Introduction%20to%20Non-Market%20Economic%20Valuation%20Methods(2).doc

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