Fall 2023 Sustainability Management PS5020 section 001

COST BENEFIT ANALYSIS

Call Number 12463
Day & Time
Location
W 6:10pm-8:00pm
301M Fayerweather
Points 3
Grading Mode Standard
Approvals Required None
Instructor Satyajit Bose
Type LECTURE
Method of Instruction In-Person
Course Description

This course is about cost-benefit analysis and the economic evaluations of policies and projects. Cost benefit analysis (CBA) consists of a comprehensive set of techniques used to evaluate government programs. It is now routinely applied in such program areas as transportation, water projects, health, training and education, criminal justice, environmental protection, urban policy and even in the international arena such as foreign direct investment. Many of the techniques of CBA can also be applied to private sector decision-making. The objective of CBA is to determine whether the benefits of a particular program, policy or decision outweigh its costs. The techniques used to determine this are sometimes quite simple, but on other, increasingly frequent occasions are highly sophisticated. Sophisticated cost benefit studies are based on a framework that utilizes the basic concepts of economic theory. In addition, statistical and econometric analyses are often needed to estimate program effects from diverse available data. The course has two parts: methodology and practice. The goal is for students to be practically adept to undertake an independent cost-benefit analysis.

Web Site Vergil
Department Sustainability Management
Enrollment 28 students (35 max) as of 2:06PM Saturday, February 24, 2024
Subject Sustainability Management
Number PS5020
Section 001
Division School of Professional Studies
Campus Morningside
Note Graduate Students Only. Cross-registrations opens 9/5/23.
Section key 20233SUMA5020K001