What is social cost benefit analysis, Macroeconomics

It refers to the study of feasibility of a project in terms of its total economic cost and total economic advantages.


It means to compare total cost with total advantage if we add external cost with private cost, its known as total social cost if we add external advantage with private benefit, known as total social benefit.

 

Posted Date: 4/1/2013 4:12:50 AM | Location : United States







Related Discussions:- What is social cost benefit analysis, Assignment Help, Ask Question on What is social cost benefit analysis, Get Answer, Expert's Help, What is social cost benefit analysis Discussions

Write discussion on What is social cost benefit analysis
Your posts are moderated
Related Questions
Sears rates its salespersons according to their sales ability and their potential for advancement. They sampled 500 salespeople with following data: Potential for Advancement Fair

Explain the facts or economics rate Boom: The period leading up to the peak of the cycle when an overheating economy is experiencing high GDP growth and inflationary pressures

determinants of money supply

what is the use of national income statistics as an indicator for a country''s standard of living?

I am in a college econ class that I may possibly fail. anyone able to explain how to find this answer? Assume that the following data characterize the hypothetical economy of Tran

A scientist postulates that grazing by gastropod snails affects the settlement of Spirorbid worms in estuaries. She sets up a manipulative experiment to test this by using cages to

1) Suppose you are dealt two cards from a standard deck of playing cards. a) What is the probability of being dealt a pair of aces? b)There are 13 possible pairs possible (Ac

Q. Describe about Capital? By capital we characteristically mean manufactured goods which are used to produce other services and goods though aren't used up in the production p

One problem in using exchange rate when comparing GDP per capital between countries is that is fluctuates a lot. A way of avoiding dependence on exchange rate is to use purchasing

what are the function of budget