Introduction to cost–benefit analysis

Introduction to cost-benefit analysis

All policy and program officers face the challenge of determining which possible policy solution generates the best result for society. The question is: how do we evaluate potential solutions and how do we compare the net benefits of very different solutions?

A cost-benefit analysis is a standard tool used to calculate and compare the net benefits of proposed policies or programs. It is an essential analytical framework for policy and program officers, and a mandatory component of a long-form Regulatory Impact Statement.

Our Introduction to cost-benefit analysis workshop provides officers with the insights to evaluate or develop a cost-benefit analysis effectively. Participants work through scenarios to apply new concepts and develop valuable, realistic and sound hypothetical solutions.

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