Principles of Cost-Benefit Analysis

3.00 credits · Undergraduate

Prereq: ECON 2001; or permission of the Department This course examines the use of economic theory in the assessment of public sector regulations and projects. Topics include the measurement of social costs and social benefits, shadow pricing, and the choice of discount rate. The course relies heavily on concrete examples such as transportation infrastructure, medical services, environmental protection and hydro development. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)