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  • The Principles of Practical Cost-Benefit Analysis

The Principles of Practical Cost-Benefit Analysis

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This is an introduction, accessible to non-economists as well as to economists, to the practice of cost-benefit analysis. It begins from a discussion of financial appraisal. The distinguishing features of cost-benifit analysis are then introduced progressively. Practical examples are used whenever possible to aid the exposition. Economic theory is introduced only where it is immediately relevant to practice, there is no attempt to give a comprehensive survey of theoretical welfare economics.
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