Budget Decision Making: Concepts and Practices in Economic and Financial Analyses. 3 credits

Catalog description

Studies analytical concepts and techniques used in public-sector overall budgetary and specific project decision making. Includes conceptual concerns and quantitative techniques used in benefit-cost analysis, capital budgeting, financial analysis, and various specialty applications, such as economic and fiscal impact analysis. These are all interrelated by the desire to measure the benefits versus the costs of various alternative public decisions. Attention is given to measuring results over time and the use of present value techniques. Assesses strengths and weaknesses of analytical techniques. Emphasizes the process of defining the appropriate stakeholders affected by decisions, the sources and quality of data, and the rigor of conducting studies.Offered by Schar Public Policy/Admin. May not be repeated for credit.