economic appraisal - appraisal which seeks to
Economic appraisal - Appraisal , which seeks to quantify, and where possible calculate the welfare impacts from, the costs and benefits of a project or policy.
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q what is cost effectiveness analysiscost effectiveness analysisa method which seeks to identify the least cost option for meeting a particular
q what do you mean by costscostssection 56 of the environment act describes costs as including lsquocosts to any person and costs to the environment
q can you explain about counterfactualthe lsquobase case or counterfactual is a statement of what could have happened without policy intervention or
q show the method of applying a discountthe method of applying a discount rate to convert future monetary amounts to their equivalent value in todays
economic appraisal - appraisal which seeks to quantify and where possible calculate the welfare impacts from the costs and benefits of a project or
q what is economic efficiencyeconomic efficiencyexplain a situation where the total value of the end uses to which the resources are put is maximised
economic instrumentsfinancial rewards incentives and penalties that operate automatically via market forces to encourage beneficial
the monetary calculate of the welfare associated with the change in the provision of some good it is not to be confused with monetary value unless
q what do you mean by externalityan externality exists when the actions of one individual affect the wellbeing of other individuals without any
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