http://worldcat.org/entity/work/id/837004625

Cost-effectiveness analysis methods and applications

"Why should applied researchers be concerned with cost-effectiveness analysis? Answer: Because it will enable them to discover if a particular program or policy has attained maximum effectiveness for a given budget. Designed so that an individual can utilize this book as part of an informal course of self-study or in a formal course on the subject, Levin and McEwan provide readers with the step-by-step methods to plan and implement a cost-analysis study. Through the use of numerous examples drawn from the applied literature, the authors explain, demonstrate and illustrate the four major techniques of cost analysis: cost-effectiveness, cost-benefit, cost-utility, and cost-feasibility. They examine issues that are pertinent to the choice of analysis and its implementation; the nature of costs, including how to identify, measure, and distribute costs; measuring effectiveness, utility, and benefits; and, lastly the challenges to incorporating cost evaluations in the decision making process. In-depth exercises are included at the end of each chapter to enable readers to sharpen their ability to evaluate policy options and program effectiveness. The authors also provide readers with recommended readings at the end of chapters and a comprehensive bibliography of methodological sources on cost analysis and educational cost studies at the end of the book. This book will enable readers to reduce the costs of reaching particular objectives, and expand what can be accomplished for any particular budget or resource constraint."--Publisher's description.

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