Benefit-Cost Analysis

Financial and Economic Appraisal using Spreadsheets

Harry F. Campbell, Richard P. C. Brown

• Publisher: Cambridge University Press
• Year: 2003
• Print ISBN:
  9780521528986
• eBook ISBN:
  9780511075414
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

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

Table of contents

• Cover
• Half-title
• Dedication
• Title
• Copyright
• Contents
• Figures
• Tables
• Preface
• 1 Benefit-Cost Analysis: Introduction and Overview
• 2 Investment Appraisal: Principles
• 3 Investment Appraisal: Decision-Rules
• 4 Private Benefit-Cost Analysis: Financial Analysis
• 5 Efficiency Benefit-Cost Analysis
• 6 Calculating the Net Benefits to the Referent Group
• 7 Consumer and Producer Surplus in Benefit-Cost Analysis
• 8 Valuing Traded and Non-traded Commodities in Benefit-Cost Analysis
• 9 Incorporating Risk in Benefit-Cost Analysis
• 10 The Social Discount Rate, Cost of Public Funds, and the Value of Information
• 11 Weighting Net Benefits to Account for Income Distribution
• 12 Valuation of Non-marketed Goods
• 13 Economic Impact Analysis
• 14 Writing the Benefit-Cost Analysis Report
• Appendix 1: Case Study Assignment
• Appendix 2: Discount and Annuity Tables
• Index