Session 10

Assessing the Economic Efficiency of Programs

Text

Rossi, Peter H.; Mark W. Lipsey and Gary T. Henry (2019) Evaluation: A Systematic Approach. (8th Edition) Thousand Oaks, CA: Sage Publications. Chapter 10.

Glossary

Slides & Illustrations

Chapter Ten Illustrations; Chapter Ten Slides; Costs and Benefits;

Key Concepts

• Accounting perspectives (239)
• Benefits (238)
• Discounting (255)
• Distribution effects (246)
• Ex ante efficiency analysis (239)
• Ex post efficiency analysis (239)
• Internal rate of return (255)
• Net benefits (255)
• Opportunity costs (253)
• Secondary effects (243)
• Shadow prices (252)

Homework: (Discussion Questions & Application Exercise)

Wolfe, Philip, Kenneth Davidson, Charles Fulcher, Neal Fann, Margaret Zawacki and Kirk R. Baker (2019) “Monetized health benefits attributable to mobile source emission reductions across the United States in 2025,” Science of the Total Environment. Vol. 650, p. 2490-2498.

NOTE: Submit the questions with your answers in World format as attachments to Canvas email and submit this homework - complete with APA citations and references - to the instructor by no later than 5 pm on the last day of Session 1 (as designated on the course schedule page that is linked above).