IPEC4375 - Benefit-Cost Analysis

IPEC 4375 Benefit-Cost Analysis (3 semester credit hours) Theoretical and practical introduction to measuring and weighing economic benefits of projects, programs or policies against costs incurred to produce those benefits. This helps to distinguish actions that make good use of resources from actions that make poor use of them. Topics include identification and valuation of costs and benefits, converting between future and present values, dealing with uncertainty, estimating impacts, and accounting for transfers between winners and losers that result from public intervention. (3-0) T