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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Policy insights that make a better world
- Introduction to policy
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implementing policy in a dynamic environment
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- Nudge theory: positive outcomes
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presenting evidence to decision-makers