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ECON-4210: Cost-Benefit Analysis
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<meta property="og:description" content="The techniques necessary to appraise the economic desirability and private-sector impact of various public projects and policies are studied. Concepts such as discounting, capital rationing, project selection, shadow pricing, risk assessment, unpriced goods, and economic surplus are developed. Among the topics from which illustrative case studies are drawn are urban and transport planning, energy, water resources, government regulation, and the environment.">
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<h1 id="name">
Cost-Benefit Analysis
</h1>
<h2 id="code">
ECON-4210
</h2>
<p>
The techniques necessary to appraise the economic desirability and private-sector impact of various public projects and policies are studied. Concepts such as discounting, capital rationing, project selection, shadow pricing, risk assessment, unpriced goods, and economic surplus are developed. Among the topics from which illustrative case studies are drawn are urban and transport planning, energy, water resources, government regulation, and the environment.
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4 credits
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Cross-listed with:
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<div id=crosslist-classes" class="rel-info-courses">
<a class="course-pill" href="ECON-6210">ECON-6210 Advanced Cost-Benefit Analysis</a>
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Prereqs:
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<div class="pr-or-con">
<div class="pr-or-title">
one of:
</div>
<div class="pr-or">
<a class="course-pill" href="ECON-1200">ECON-1200 Introductory Economics</a>
<a class="course-pill" href="INQR-1200">INQR-1200 Principles of Economics</a>
<a class="course-pill" href="INQR-1200">INQR-1200 Principles of Economics</a>
</div>
</div>
<div class="pr-and">and</div>
<div class="pr-or-con">
<div class="pr-or-title">
one of:
</div>
<div class="pr-or">
<a class="course-pill" href="MATH-2010">MATH-2010 Multivariable Calculus and Matrix Algebra</a>
<a class="course-pill" href="MATH-2011">MATH-2011 Multivariable Calculus</a>
</div>
</div>
<div class="pr-and">and</div>
<a class="course-pill" href="MATH-2012">MATH-2012 Matrix Algebra</a>
</div>
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<table id="years-table">
<thead>
<tr>
<th></th>
<th class="spring season-label">Spring</th>
<th class="summer season-label" colspan="2">Summer</th>
<th class="fall season-label">Fall</th>
</tr>
<tr>
<th colspan="2"></th>
<th class="summer2 midsum-label">(Session 1)</th>
<th class="summer3 midsum-label">(Session 2)</th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<th class="year">2024</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer unscheduled">
</td>
<td class="term fall unscheduled">
</td>
</tr>
<tr>
<th class="year">2023</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202309&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Jianjing Lin</li>
</ul>
<span class="course-capacity">
Seats Taken: 12/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2022</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202201&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Jianjing Lin</li>
</ul>
<span class="course-capacity">
Seats Taken: 11/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2021</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202109&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Jianjing Lin</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2020</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2019</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2018</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2017</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2016</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2015</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2014</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2013</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2012</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2011</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201101&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Gregory DeAngelo</li>
</ul>
<span class="course-capacity">
Seats Taken: 32/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2010</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201001&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 30/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2009</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200901&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 38/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2008</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200801&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 35/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2007</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200701&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 39/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2006</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200601&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 30/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2005</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200501&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 28/36
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2004</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200401&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 25/36
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2003</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200301&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 27/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2002</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200201&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 15/30
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2001</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200101&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 14/30
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2000</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200001&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 12/30
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1999</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=199901&subj_in=ECON&crse_in=4210&schd_in=">Cost-benefit Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Donald F Vitaliano</li>
</ul>
<span class="course-capacity">
Seats Taken: 12/30
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1998</th>
<td class="term spring unscheduled">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
</tbody>
</table>
</div>
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