Benefit-Cost Analysis: Financial and Economic Appraisal using Spreadsheets
Benefit-Cost Analysis: Financial and Economic Appraisal using Spreadsheets
By Harry F. Campbell, Richard P. C. Brown
- Publisher: Cambridge University Press
- Number Of Pages: 360
- Publication Date: 2003-06-16
- ISBN-10 / ASIN: 0521528984
- ISBN-13 / EAN: 9780521528986
Product Description:
Throughout the text of this introduction to benefit cost analysis, emphasis is on applications, and a worked case study is progressively undertaken as an illustration of the analytical principles in operation. The first part covers basic theory and procedures. Part Two advances to material on internationally tradeable goods and projects that affect market prices, and part Three introduces special topics such as the treatment of risk and uncertainty, income distributional effects and the valuation of non-marketed goods.
Summary: simple introduction using practical software
This book uses Excel to develop spreadsheets for Cost-Benefit Analysis, or Benefit-Cost-Analysis, as it it is also known as.
The rendering is non-technical, it is ideal for second-year economics students to use; some prior knowledge in basic mathematical economics, statistics and economics is ideal.
The design is professional and sleek, it is not cluttered with graphs and formulas, very nicely done.
I have to compare this book with Boardman's book,Cost Benefit Analysis: Concepts and Practice (3rd Edition), probably the most widely known textbook on the same topic.
Boardman's book is more extensive in coverage and more advanced with the mathematics.
Personally I prefer Campbell because it shows you how to use CBA/BCA practically with Excel.
If it is mainly alot of theoretical coverage you want, then choose Boardman, for easier reading and practicality use Campbell.
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