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Benefit Cost Analysis

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Undergraduate Economics


B.A. in Economics, B.S. in Economics, B.S. in Economics and Statistics, B.S. in Economics and Mathematical Sciences, Additional Major in Economics, Additional Major in Economics and Statistics, Minor in Economics

Course Description

SPRING The evaluation of public private sector projects. The theory of benefit-cost analysis and related techniques, such as cost-effectiveness analysis. Attention is given to such issues as valuing goods and services that are not normally traded in the marketplace (e.g., the value of an individuals life) and the social rate of discount. Applications are considered in detail.    (Lecture, 3 hours). Minimum grade of "C" required in all economics pre-requisite courses.


Lecture: 160min/wk


A. Boardman et al, "Cost Benefit Analysis: Concept and Practice", Pearson Prentice Hall (4th Edition), 2011: U.S. Office of Management and Budget, Circular A-4 and Circular A-94


(21256) AND (73230)