A Guide to Benefit-Cost Analysis

Now available from Waveland Press at a special low price, this highly regarded edition updates Gramlich's previous work with new material and real-world examples--including acid rain, minimum wages, public employment, matching grants, national defense, and so on--drawn from his Congressional Budget Office experience. It effectively shows how the logic of benefit-cost analysis can be applied to a wide range of policy measures and translates the technical debates of economists.

Titles of related interest also available from Waveland Press: Chiang, Elements of Dynamic Organization (ISBN 9781577660965) and Field, Natural Resource Economics: An Introduction, Second Edition (ISBN 9781577665311).

An easy-to-follow discussion of the basic microeconomics of benefit-cost analysis -- from fundamental principles to continuous discounting and social regulation.