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Benefit-Cost Analysis

This text offers the perfect introduction to social benefit-cost analysis. The book closely integrates the theory and practice of benefit-cost analysis using a spreadsheet framework. The spreadsheet model is constructed in a truly original way which contributes to transparency, provides a check on the accuracy of the analysis, and facilitates sensitivity, risk and alternative scenario assessment. A case study inco | BENEFIT-COST ANALYSIS I I FINANCIAL AND ECONOMIC APPRAISAL USING SPREADSHEETS HARRY CAMPBELL RICHARD BROWN Cambridge more information - www.cambridge.org 9780521821469 This page intentionally left blank Benefit-Cost Analysis Financial and Economic Appraisal using Spreadsheets This text offers the perfect introduction to social benefit-cost analysis. The book closely integrates the theory and practice of benefit-cost analysis using a spreadsheet framework. The spreadsheet model is constructed in a truly original way which contributes to transparency provides a check on the accuracy of the analysis and facilitates sensitivity risk and alternative scenario assessment. A case study incorporating the various issues is progressively developed on a spreadsheet with the links between each stage thoroughly explained. The complete case study spreadsheet can serve as a template for the reader s own appraisal of projects in the field. In addition to the worked examples in the text some exercises are appended at the end of each chapter. The book has several unique features the close integration of spreadsheet analysis with analytical principles the spreadsheet approach provides an invaluable cross-check on the accuracy of the appraisal the book is structured in a way that allows readers to choose the level of analysis which is relevant to their own purposes. The text is suitable for people with a basic understanding of elementary economics who wish to learn how to conduct a social benefit-cost analysis. Harry Campbell and Richard Brown are both in the School of Economics at The University of Queensland. They have extensive experience in teaching and applied benefit-cost analysis and have between them held academic positions at universities in North America Europe Africa and .