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Benefit-Cost Analysis offers the perfect introduction to 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. For further information please visit http://www.uq.edu.au/economics/bca
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This book offers the perfect introduction to benefit–cost analysis. It closely integrates the theory and practice of benefit–cost analysis using a spreadsheet framework. For further information please visit http://www.uq.edu.au/economics/bca
About the Author
Harry Campbell is Professor of Applied Economics, University of Queensland.
Richard Brown is Associate Professor of Economics, University of Queensland.
First Sentence
Social benefit-cost analysis is a process of identifying, measuring and comparing the social benefits and costs of an investment project or program. Read the first page
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:3.8 out of 5 stars 4 reviews
2 of 2 people found the following review helpful
2.0 out of 5 starsHas Excel-related topics, but a mess to read16 Feb 2011
By Gadgester - Published on Amazon.com
Format:Paperback
I had to buy this book for a CBA course and I must say it's quite disappoining. The instructor picked the book because it has Excel-related topics such as examples and exercises and case studies, but the book itself is poorly written and organized. The heading style, for example, does not define the hierarchy of topics well, and the writing is a mixture of theory and examples, making it difficult for a student to pick out the important points such as "rules" or "principles."
What prompted me to write this review, as a matter of fact, is the mess that's surrounding the examples using the @RISK software, in chap. 9. They give you an example, "risk example 1," and show you the steps to using @RISK, but then in fig. 9.6(d), they present results from example 2 which has yet to be presented. Just annoying.
This book could have been a very useful and practical text had it been better organized and undergone professional editing.
3 of 4 people found the following review helpful
5.0 out of 5 starsVery pragmatic-useful Book.2 Mar 2010
By Hector Quiteno - Published on Amazon.com
Format:Paperback|Amazon Verified Purchase
I am a professor of benefit - cost analysis in El Salvador, Central America. Most of the materials in the field are expensive or too techical and complicated for an intensive-introductory course at the master level (I Teach in the Finance area). I find this book very easy to understand, concepts and examples are developed accross the book for a continuing presentation of ideas and the cases are clearly written. Calculations of shadow prices are very simple, a pragmatic appproach that I find very useful for those not interested in becoming scientists in the field, but professionals who know the COMPLETE process of evaluating a project and its impacts from both the private and public perspectives. It would be good to consider translation into spanish, as there are very few books available in our language, most of them complex as I described before.
1 of 2 people found the following review helpful
5.0 out of 5 starsBenefit-Cost Analysis: Financial and Economic Appraisal using Spreadsheets19 Nov 2009
By Kingmonkey - Published on Amazon.com
Format:Paperback|Amazon Verified Purchase
Excellent resource for the practitioner and student alike, I work doing financial modeling so this book has a lot of hands on techniques that I can apply at work, recommend!