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« Pants on fire* | Main | A great lake mystery »

August 15, 2007

ECO 3660. Benefit-Cost Analysis

I'm getting so excited about the fall semester (sarc)! I just posted my syllabus for a shiny new course at Appalachian State University:

http://www.appstate.edu/~whiteheadjc/ECO3660/Fall07/index.htm

As I was typing it up I couldn't help but hum the tune that accompanies the lyrics that everyone, [pause for emphasis] everyone, associates with my teaching (sarc):

Who can turn the world on with her smile
Who can take a nothing day, and suddenly make it all seem worthwhile
...

Benefit-cost analysis replaces my normal Fall semester course of Environmental Economics. But don't fret, I won't stray too far from BCA of environmental projects, programs and regs.

Note: I like to call it benefit-cost analysis instead of cost-benefit analysis because the best summary of benefits and costs is the net benefit equation: NB = B - C. Only dorks subtract benefits from costs. Sheesh.

Comments

Are you saying that there is a subcategory of economists called "dorks"? Pot, meet kettle. (-:

Dancing carpenter-like dorks.

I like subtracting benefits from costs; there's nothing like that brief moment when you see that large, positive number...

Oh, you mean for PROJECTIONS...

I like subtracting benefits from costs; there's nothing like that brief moment when you see that large, positive number...

Thus spake Malthus

Bring back the memories of my business school days. Went to a very analytical and financial driven program. Wish I learned about the social discount rate. Would you post your lecture on YouTube?

Love your blog and included your post in our weekly roundup:
http://www.organicpicks.com/blog/2007/08/18/global-warming-vs-iphone-ringtones/

The comments to this entry are closed.

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