Cost-Benefit Analysis Video Lessons
This video series introduces cost-benefit analysis, defines different types of analysis, and explains the applications to conservation economics when evaluating large and small scale projects
In this video, you will be introduced to the concept of a cost-benefit analysis. You will learn the difference between decision-making from the perspective of a private firm vs. a larger society and how this applies to environmental conservation.
In this video, you will be introduced to the concept of scenarios within a cost-benefit analysis. You will learn about cost-effectiveness analysis projects and how to consider the various costs and benefits involved.
In this video, you will be introduced to the concept of perspectives within a cost-benefit analysis. You will learn about the various stakeholders in a project (private firms, the bank, the government, and society), what are their incentives and how do they measure costs and benefits.
In this video, you will learn how to consider inflation within a Cost-Benefit Analysis.
In this video, you will learn why you discount the future in cost-benefit analysis. Concepts include discount rates, weighted average discount rates, economic opportunity costs of capital, and financial vs. economic discount rates.
In this video, you will learn how to treat costs and benefits that have happened in the past (i.e. sunk costs), how to analyze alternatives, and problems with discounting long-term.
In this video, you will learn how to apply discounting to determine a project's feasibility.
In this video, you will learn what happens when a project's net present value turns from a positive value to a negative one.
In this video, you will learn how to calculate a benefit-cost ratio and the payback period of a project.
In this video, you will learn how to use a spreadsheet to conduct a financial cost-benefit analysis.
In this video, you will learn how to use a spreadsheet for conducting the net present value of a financial cost-benefit analysis.
In this video, you will learn how to set up an economic analysis using an example of a fisherman buying a boat and setting up a fishing operation. You will look at a project from the perspective of the fisherman conducting a financial analysis as well as from the perspective of society doing an economic analysis.
In this video, you will learn how to set up a sensitivity analysis within a cost-benefit analysis.
In this video, you will learn how to set up a risk analysis within a cost-benefit analysis. With a risk analysis, one can determine the possibility of a project turning negative.
This series was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia Brady Tucker Foundation