Benefit-Cost Analysis

Catalog description

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. Prerequisites: ( 73-102 Min. grade C or 73-100 Min. grade C or 73-104 Min. grade C) and ( 36-200 or 36-207 or 36-202 or 36-225 or 36-220 or 36-217 or 70-207 )