Cost-Benefit Analysis

3 credits · Undergraduate

This course provides a comprehensive examination of cost-benefit analysis (CBA), a fundamental tool for evaluating the economic efficiency of public policies, projects, and regulations. The course focuses on the theoretical foundations, methodological approaches, and practical applications of CBA in various sectors, including environmental, health, transportation, and public finance. Special emphasis is placed on integrating sustainability considerations, such as long-term discounting, environmental and social impacts, intergenerational equity, and externalities. Prerequisite(s): ECON 100-3, ECON 101-3, and ECON 206-3, or permission of the Program Chair