Cost-Benefit Analysis

This course provides an applied introduction to cost-benefit analysis (CBA) as a tool for evaluating public policies. Students will learn how to interpret and produce CBAs through lectures, problem sets, and real-world case studies focused on environmental, financial, agricultural, and transportation policies. Emphasis is placed on CBAs conducted by government agencies, including critical review of regulatory analyses and formulation of public comments.

Through individual and group assignments, students will gain hands-on experience constructing spreadsheet models, estimating impacts, applying discounting techniques, and performing sensitivity analyses. The course culminates in a student-led cost-benefit analysis project and the submission of formal comments on a government regulation.

Prerequisites: SIPA IA6350 or SIPA IA6400 (Microeconomic Analysis) or equivalent. Familiarity with Excel is expected.