New Course
Concept
Cost-benefit Analysis
Summary
Cost-benefit analysis
is a
systematic approach
to evaluating the
economic pros and cons
of different choices, aiming to determine the
best course of action
by comparing the
total expected costs
against the
total expected benefits
. It is widely used in
public policy
, business decision-making, and
project management
to ensure resources are allocated efficiently and effectively.
Relevant Degrees
National Assets 63%
Price Formation and Costs 38%
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