Resource Economics 471 - Cost Benefit Analysis

This course introduces students to theoretical foundations and practical procedures of cost-benefit analysis (CBA) as applied to public natural resources and environmental projects, programs, and regulations. The course will cover critical discussion of strengths and weaknesses of CBA. Students will learn discounting, non-market valuation, and social welfare analysis. This course fulfills the General Education Integrative Experience requirement for BS-ResEc majors when taken with Res-Econ 394LI and Res-Econ 472.

ECON 203 or RES-ECON 202 25 seats reserved for RES-ECON and MGRECON students.

Students who are unable to enroll in this course because all sections are full can submit a RES-ECON waitlist request. The form can be found here: https://www.umass.edu/resource-economics/advising-0. Once the semester begins, students must contact the instructor to request permission to enroll.