BENEFIT-COST ANALYSIS
Presents the welfare economics underpinnings for evaluating the social benefits and costs of government activities. Issues such as uncertainty, the social discount rate, and welfare weights will be discussed; case studies from the environmental, social policy, and agricultural areas will be studied.
Prerequisites & course information
Requisites: Graduate/professional standing and ( PUB AFFR 818 and 880 ), or POP HLTH/I SY E 875 , or A A E 635 Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain the basic mechanics of performing a Cost Benefit Analysis, including methods for valuing costs and benefits, aggregating over time, and analyzing uncertainties. Audience: Graduate 2. Evaluate the strengths and weaknesses of different CBAs and propose strategies to address any shortcomings. Audience: Graduate 3. Debate the advantages and limitations of CBA for public policy and compare it to other approaches. Audience: Graduate 4. Create a CBA for a real-world client from beginning to end, including scoping, background research, valuation of costs and benefits, uncertainty analysis, and interpretation. Audience: Graduate Learning Outcomes: 1. Explain the basic mechanics of performing a Cost Benefit Analysis, including methods for valuing costs and benefits, aggregating over time, and analyzing uncertainties. Audience: Graduate 2. Evaluate the strengths and weaknesses of different CBAs and propose strategies to address any shortcomings. Audience: Graduate 3. Debate the advantages and limitations of CBA for public policy and compare it to other approaches. Audience: Graduate 4. Create a CBA for a real-world client from beginning to end, including scoping, background research, valuation of costs and benefits, uncertainty analysis, and interpretation. Audience: Graduate
Catalogue variants
- BENEFIT-COST ANALYSIS · 3 credits.