Basic Cost Benefit Analysis for Assessing Local Public Projects

Cost benefit analysis is often expected or required for government projects. On the state and local level, the technique is useful for assessing the worthiness of a specific policy proposal. The accounting and analysis of large scale technical projects require specialized training; in this manual, we offer a non-theoretical introduction to CBA, accessible to readers without an advanced statistical or economic background. The book is designed as a how-to primer in the basics of CBA for local officials who actually evaluate proposals or merely interpret reports using cost benefit analysis. A Reference List is provided for further study.