The Principles of Practical Cost-Benefit Analysis

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9780198770411: The Principles of Practical Cost-Benefit Analysis

An introduction to the practice of cost-benefit analysis including practical examples to aid the exposition.

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This is an introduction, accessible to non-economists as well as to economists, to the practice of cost-benefit analysis. It begins from a discussion of financial appraisal. The distinguishing features of cost-benifit analysis are then introduced progressively. Practical examples are used whenever possible to aid the exposition. Economic theory is introduced only where it is immediately relevant to practice; there is no attempt to give a comprehensive survey of theoretical welfare economics.

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'With the aid of a wealth of individual examples of this book ... should better enable the public servant to make cost effective decisions.' The Financial Times

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