Here is a very brief introductory course on Benefit: Cost Analysis in a series of 10 videos. The total duration is only 1 hour 14 minutes, so the content is basic, but it should still be useful for a beginner to start to learn about BCA.

You can watch the videos individually below or as a playlist on YouTube here.

Below these videos is a set of links to my blog posts on Benefit: Cost Analysis and information about more comprehensive training on BCA that is available.

1. What is Benefit: Cost Analysis?

2. The with-versus-without principle

3. Market values – demand

4. Non-market benefits

5. Adoption of required actions

6. Project risks

7. Project costs

8. Accounting for time – discounting

9. Criteria for selecting projects

10. Learning more about BCA

 

Blog posts on Benefit: Cost Analysis

• 33 – Thinking like an economist 9: Time is money
• 34 – Thinking like an economist 10: Values in the very long term
• 93 – Thinking like an economist 24: With and without
• 126 – Sensitivity analysis with economic models
• 213 – The environmental planning fallacy
• 218 – Valuing environmental intangibles, part 1: The options
• 219 – Valuing environmental intangibles, part 2: The pro’s
• 220 – Valuing environmental intangibles, part 3: The cons
• 221 – Valuing environmental intangibles, part 4: The upshot
• 224 – Torturing ourselves over discounting
• 257 – Be smart, use SMART goals
• 299 – Are higher house prices a benefit or a problem?
• 322. NPV versus BCR part 1
• 323. NPV versus BCR part 2
• 324. NPV versus BCR part 3
• 328. Weitzman discounting
• Decision criteria for Benefit-Cost Analysis – A world of confusion
• 352. Comparing projects of different lifespans in BCA
• 354. BCA criticisms: “any result you want”
• 357. BCA criticisms 2: “too much uncertainty”
• 362. BCA criticisms 3: “discounting is bad”
• 364. BCA criticisms 4: “not fair”
• 367. BCA challenges: over-optimism
• 369. BCA criticisms 5: “money isn’t everything”
• 373. BCA challenges: representing behaviour
• 376. BCA challenges: jobs
• 379. BCA challenges: Excess burden of taxation
• 382. BCA challenges: Who benefits? Who pays?

 

High quality BCA template

• 358. High-quality Benefit: Cost Analysis template, for free

 

Applied BCA course

If you’re interested in BCA, I invite you to consider enrolling in my 12-week online course on Applied Benefit: Cost Analysis. Build your BCA expertise and gain the practical skills you need to undertake a complex Benefit: Cost Analysis. Online: high-quality video lectures, interviews, and workshops. No existing economics background required.

Discounts are available for bulk enrolments and for enrolments from selected countries. Bursaries (with a discount of more than 90%) are also available for enrolments from selected countries.

For information about content, pricing and how to apply for discounts or a bursary download this flier:
Applied BCA Flier v8. For detailed information, click here or on the image at left.

“A fantastic program and course. It is by far the best course I have been involved in. I learned so much and there is still lots to learn which you have shared with links so I can return to refresh/learn as needed.”

“Essential for new BCA users.”

“Taught in an engaging way with many real-world examples.”