Cost-benefit Analysis

For undergraduate economics majors and graduate professional programs in public policy, business, public administration, etc. This text uses numerous up-to-date illustrations and examples to show students how theories and techniques are applied to real-world situations. Students are provided with a practical orientation and introduction to cost-benefit analysis through problem solving. *NEW - Revised chapter organization with a more logical format that groups chapters into four Parts. *NEW - Technical material in separate chapters. *NEW - New chapter on the application of shadow prices to developing countries (Ch. 16): Explores the special problems of performing cost - benefit analysis in developing countries. *NEW - Greater emphasis on specific problems and issues. .