Evaluating economic policy: social cost benefit analysis

Course

Description

Social cost benefit analysis (SCBA) is used as a standard methodology to evaluate economic policy in, e.g. large infrastructural projects. With SCBA, policy makers can evaluate in a quantitative manner economic policy based on examining the social costs and benefits. In contrast to private cost benefit analysis, a number of different variables have to be taken into account (social discount rate, different time horizon of discounting, different way of calculating the social benefits).
Course period1/09/13 → …
Course levelAdvanced
Course formatCourse