How to Conduct Benefit Cost Analysis

4 credits · Graduate

This course discusses and criticizes the conceptual foundations of cost-benefit analysis, and analyzes in depth some important applied aspects such as endogenous prices of other commodities, methods to infer willingness to pay, valuation of life, uncertainty and the rate of discount. The goal of this course is to teach you the theory and practice of cost-benefit analysis, with an eye to preparing you to confidently conduct a CBA for an employer or client starting on day one of your career as a policy analyst. There will be three main components to the course: The textbook, discussion, and the semester project.