01 March, 2019

Distinguishing Cost-Benefit Analysis from Economic Impact Analysis

Cost-benefit Anlaysis

Cost-benefit analysis (CBA) is used for appraising the net economic impact of a project proposal (e.g. barramundi farm) based on a comparison of the economic benefits and costs. CBA is akin to a financial analysis, except the focus is on all costs and benefits for society as a whole rather than an individual company. This includes all benefits and costs, whether they are private (relating to the proponent), social or environmental.

Synergies

01 March, 2019

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