Introduction to
Cost-Benefit and Cost-Effectiveness Analysis

Instructor: Dr. James Edwin Kee

Description: The tools and techniques of cost-benefit and cost-effectiveness analysis will be presented and students will have opportunity to apply the procedures using actual case studies. Content includes: identification and measurement of costs and benefits; consideration of intangible costs and benefits; calculation of net program benefits; examination of the benefits-to-costs ratio; conducting a sensitivity analysis on assumptions; and understanding and handling risk factors. Public and private sector analysis will be contrasted. The spreadsheet EXCEL is used as a tool in conducting cost-benefit analysis. The class takes place in a computer lab where each person has a computer for illustrating techniques and making application to case examples.

Note: The Levin & McEwan text, Cost-Effectiveness Analysis, 2nd Ed. (Sage 2001) will be provided to each participant.

Prerequisites: General familiarity with computers and EXCEL software.

Certificates: CAEP IIA.e and CQEM III.j