SP&E 318 - Cost Benefit Analysis

Cost-benefit analysis is a core skill in business, government, education, public health, and nonprofit organizations. And yet its theoretical foundations and practical applications are controversial. What should count as “benefits” and “costs” (and for whom)? What discount rate should be used? How should nature be valued? What about saving human lives and preventing disabilities? This graduate seminar examines these issues using examples such as preschool, minimum wages, disaster risk reduction, the social costs of carbon, protecting endangered species, Universal Basic Income, COVID-19, and more.
Units: 4
Course Type: Seminar