Statistics

Cost benefit analysis (CBA) lies at the heart of policy appraisal in Government and increasingly for the private and voluntary sector too. For CBA to be useful in informing resource allocation decisions, we need to accurately measure all the causal impacts of the policy and to attach a monetary value to them.

This course will introduce and explain the concepts and tools of economics. It will teach participants a number of economic principles, furnishing them with a set of tools to both enhance their analytical ability and to enable them to work more closely with economists. Applications and case-studies will be presented alongside the theory; participants will be encouraged to relate these to their own areas of work and that of their organisation as a whole. The approach will be discursive and participatory.