Cost-Benefit Analysis Financial and Economic Appraisal Using Spreadsheets, 3rd Edition

Cost-Benefit Analysis is an essential tool used in the fields of business, program evaluation, and policy appraisal to determine whether the benefits of a particular project or policy outweigh the costs associated with it. The third edition of the book “Cost-Benefit Analysis Financial and Economic Appraisal Using Spreadsheets” provides a comprehensive introduction to the principles and techniques of financial and economic analysis.

Key Features of the 3rd Edition:
– The book helps readers understand the fundamental economic questions involved in social cost-benefit analysis, such as comparing the costs and benefits of a project and analyzing who stands to gain and who may bear the costs.
– Encourages readers to apply the tools and methods of cost-benefit analysis to case studies and examples provided in the book.
– Emphasizes the use of spreadsheets as a valuable tool for conducting cost-benefit analysis.
– Includes a dedicated chapter on writing up a report summarizing the analysis conducted.
– New pedagogical features like Technical Notes and Examples have been added to aid readers throughout the text.
– An appendix with additional case studies that can be used for class assignments or projects.
– Instructor and student support materials available through Routledge’s Assist Materials.

This updated edition is ideal for students taking a course on cost-benefit analysis, as it focuses on the practical application of concepts and equips them with the skills needed to conduct appraisals. It also serves as a valuable reference for professionals seeking a structured framework for their cost-benefit analysis work.

FAQs:

Q: What is cost-benefit analysis?
A: Cost-benefit analysis is a method used to compare the benefits of a project or policy with its costs to determine if it is economically and financially feasible.

Q: How can spreadsheets be used in cost-benefit analysis?
A: Spreadsheets are used in cost-benefit analysis to organize, calculate, and present the costs and benefits of a project in a structured format for analysis.

Q: Who can benefit from reading this book?
A: Students taking courses in cost-benefit analysis, professionals conducting economic evaluations, and individuals interested in understanding the financial and economic implications of projects and policies can benefit from this book.

In conclusion, “Cost-Benefit Analysis Financial and Economic Appraisal Using Spreadsheets, 3rd Edition” is a valuable resource for anyone seeking to enhance their knowledge and skills in conducting cost-benefit analysis. With its practical approach and comprehensive content, this book is a must-read for students and professionals in the field of economic evaluation.