Cost-effectiveness and Educational Policy

Cost-effectiveness and Educational Policy PDF

Author: Henry M. Levin

Publisher: Eye On Education

Published: 2002

Total Pages: 224

ISBN-13: 9781930556331

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This Yearbook provides a unique and original assessment of the state of the art of cost-effectiveness analysis in education. It identifies key issues that need to be considered and presents original empirical studies to serve as models.

Cost-Effectiveness Analysis

Cost-Effectiveness Analysis PDF

Author: Henry M. Levin

Publisher: SAGE

Published: 2001

Total Pages: 331

ISBN-13: 0761919341

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Cost-effectiveness analysis allows researchers and evaluators to determine if a particular program or policy has attained maximum effectiveness for a given budget. This book introduces cost-effectiveness analysis and gives readers step-by-step methods to plan and implement a cost-analysis study. It explains and illustrates the four major techniques : cost-effectiveness, cost-benefit, cost-utility, and cost-feasibility. It discusses choice of analysis, implementation, the nature of costs (including how to identify, measure, and distribute costs); measuring effectiveness, utility, and benefits; and, lastly the difficulties of including cost evaluations in the decision making process. Each chapter ends with exercises that enable readers to sharpen their ability to evaluate policy options and program effectiveness.