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2020-2021 Catalog

ECON 408 Cost-Benefit Analysis

This course connects economic theory with policy analysis using the tool of "cost-benefit analysis." The goal of a cost-benefit analysis is to measure a project's economic efficiency by providing a formal description of the associated costs and benefits. In particular, we will explore different non-market valuation methods to evaluate the costs and benefits associated with environmental projects. This course will provide you with the theoretical background and practical skills required to critically assess a cost-benefit analysis and to perform your own cost-benefit analysis. [W]

Prerequisite

ECON 251, ECON 252, and ECON 253

Instructor

Liu