Cost-Benefit Analysis
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Cost-Benefit Analysis
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A social cost-benefit analysis of a proposed publicly funded project, or public policy change, may be commissioned by a municipal, state or federal government, by a government aid agency, or by an international. Proponents of a private project which has significant social impacts may also commission an economic analysis of this type. The key economic questions of any social cost-benefit analysis are: do the benefits of the project exceed the costs, no matter how widely costs and benefits are spread? And which group or groups of individuals benefit and which bear the costs? This book addresses these questions with an emphasis on putting the theory into practice.
The book has several unique features: readers are encouraged to develop their own skills by applying the tools and techniques of cost-benefit analysis to case studies including a project which is developed through the book; the use of spreadsheets is emphasised which is invaluable in allowing readers to test variables and cross-check the accuracy of their economic appraisal; and a dedicated chapter provides guidance on writing up a report which completes the analysis. An appendix lists additional case studies which can be developed in class or as additional projects. Each chapter contains exercises and suggestions for further reading.
This book is an ideal text for a course on cost-benefit analysis where the emphasis is on practical applications and teaching students to conduct their own analysis.
The book's companion website can be found at: http://uq.edu.au/economics/sites/bca/.
Book Details
INFORMATION
ISBN: 9781138848795
Publisher: Taylor & Francis Ltd
Format: Hardback
Date Published: 28 July 2015
Country: United Kingdom
Imprint: Routledge
Edition: 2nd edition
Illustration: 1 Tables, color; 36 Tables, black and white; 56 Line drawings, black and white; 47 Halftones, black and white; 103 Illustrations, black and white
Audience: Tertiary education
DIMENSIONS
Width: 174.0mm
Height: 246.0mm
Weight: 929g
Pages: 436
About the Author
Harry Campbell is an Emeritus ProfessorΒ of Economics at TheΒ University of Queensland, Australia. Richard Brown is an Associate Professor of Economics at TheΒ University of Queensland, Australia.
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