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 A Guide to Benefit-Cost Analysis Second Edition
Edward M. Gramlich
Now available from Waveland Press at a special low price, this highly regarded edition updates Gramlich’s previous work with new material and real-world examples—including acid rain, minimum wages, public employment, matching grants, national defense, and so on—drawn from his Congressional Budget Office experience. It effectively shows how the logic of benefit-cost analysis can be applied to a wide range of policy measures and translates the technical debates of economists. A very solid, student-friendly but academically sound text for introducing undergraduates and graduate students to public policy analysis. $54.95 list, 246 pages 10-digit ISBN: 0-88133-988-1 13-digit ISBN: 978-0-88133-988-8 © 1990 “Exceedingly accessible introduction and guide to a complex but critical tool of policy analysis. Very highly recommended!” — Robert S. Kravchuk, Indiana University “The techniques are explained in a straight forward manner and convey the essential information needed to do the analysis.” — Jane Beckett-Camarata, Kent State University “Very complete with a strong technical component.” — Patrick Taylor, Millsaps College “The text is extremely approachable. It provides a clear, concise introduction into the economic traditions that underlie benefit-cost analysis. The problem sets with answer keys will be particularly useful to students.” — Krista Perreira, University of North Carolina Table of Contents
1. Introduction 2. Why Should the Government Intervene in a Market Economy? 3. The Fundamental Principle of Benefit-Cost Analysis 4. Valuation of Benefits and Costs 5. General Equilibrium Benefits and Costs 6. Benefits and Costs Realized at Different Times 7. The Gains and Losses of Different Groups 8. Physical Investment and the Environment 9. Human Investment 10. Intergovernmental Grants 11. Tax Expenditures 12. Social Regulation 13. Getting Started
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