ECON 416

Cost Benefit Analysis: Principles and Application

Units: 1.5, Hours: 3-0

Principles of cost benefit analysis including consideration of welfare economics, the treatment of intangibles, nonefficiency considerations, time discounting, evaluation criteria, uncertainty and risk, selected applications in such areas as human resource economics, natural resource and recreation economics, economic development and urban planning.

Prerequisites: 203.

Pre- or corequisites: 225 or ENGR 240 or a minimum grade of B+ in ENGL 135, 146 or 147.

Undergraduate course in Economics offered by the Department of Economics in the Faculty of Social Sciences.