Module 3: The basics of cost-benefit analysis
- Author: Food and Agriculture Organization of the United Nations
- Main Title: Valuing Forest Ecosystem Services , pp 28-49
- Publication Date: March 2019
- DOI: https://doi.org/10.18356/d488bcde-en
- Language: English
To use and understand economic valuation methods and to further develop and analyse their outcomes, familiarity is needed with some basic concepts of financial economics. One of these is the “time value of money”, which is the concept that the same amount of money may have different value depending on when it is available for consumption. Cost–benefit analysis (CBA) is a tool used in financial and economic analyses to help decision making and project planning. This module explains how to deal with the “time value of money” by moving value forward or back in time, and how to perform a CBA in practice.
© United Nations
ISBN (PDF):
9789210039598
Book DOI:
https://doi.org/10.18356/71455796-en
Related Subject(s):
Agriculture Rural Development and Forestry
;
Economic and Social Development
Sustainable Development Goals:
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