Benefit-Cost AnalysisThis 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:
Financial and Economic Appraisal using Spreadsheets
|• ||the close integration of spreadsheet analysis with analytical principles;|
|• ||the spreadsheet approach provides an invaluable cross-check on the accuracy of the
|• ||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 Australia.
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Benefit-Cost Analysis: Financial and Economic Appraisal Using Spreadsheets.
Contributors: Harry F. Campbell - Author, Richard P. C. Brown - Author.
Publisher: Cambridge University Press.
Place of publication: Cambridge, England.
Publication year: 2003.
Page number: i.
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