Cost Benefit Analysis - The Basics

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Ever wondered what a cost benefit analysis (CBA) is or how it should be conducted? This video defines CBA and provides a brief description of how the CBA should be conducted. Key concepts such as problem identification, base case, options analysis, project ranking and sensitivity analysis are discussed and explained.

If you want to know more about cost benefit analysis go to my website at https://www.spectrumecons.com. I will be uploading more videos relating to CBA and other economic related subject matter such as income inequality, game theory, macroeconomics, and vegan economics. Enjoy the video.