Events / The Brown School’s 2023 Summer Institute — Introduction to Cost-Benefit and Cost-Effectiveness Analysis for Evaluating Policies & Programs

The Brown School’s 2023 Summer Institute — Introduction to Cost-Benefit and Cost-Effectiveness Analysis for Evaluating Policies & Programs

1:00 p.m.-2:30 p.m.
Monday, June 19, 2023 – Friday, June 23, 2023
1:00 – 2:30 p.m., each day

Cost-benefit (benefit-cost) analysis (CBA) and cost-effectiveness analysis (CEA) are common decision-making tools in social and health policy, public health, medicine, and related settings. These basic economic evaluation concepts are used by program managers, agencies, governments, and funders to add structured, transparent, and scientific information to policy evaluation and resource allocation discussions.

This course will include a brief survey of core concepts in each method, and provide students with the building blocks to conduct a simple evaluation of their own. Limitations and extensions will be explored to help students understand criticisms and appropriate application.

Each day of the course will begin with a core lecture on concepts and techniques. Small group activities and hands-on exercises will illustration application, limitations, and reinforce concepts. A variety of examples will be reviewed and discussed to illustrate economic evaluation. Students are encouraged to contribute applications, problems, questions, or data from outside experience or employment for further classroom discussion and analysis. No specialized software is required.

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