Cost-Benefit Analysis

A Cost-Benefit Analysis is an economic decision-making approach. It is used in the assessment of whether a proposed project, program or policy is worth doing, or to choose between several alternative ones. It involves comparing the total expected costs of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.

Related Pages

External Links & References

  1. Wikipedia
  2. Google Search
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License