Cost-Effectiveness: A Primer

In times of economic recession, cost-effectiveness and business evaluation assume a very important role in resource planning. Using the example of education, Levin introduces to administrators and evaluators alike the principles and practice of cost-effectiveness analysis -- to take account of both the costs and the effects of selecting alternatives, and suggests methods of minimizing the costs of research. Cost-effective analysis is studied in relation to cost-benefit analysis, cost-utility analysis, and cost-feasibility analysis, in the hope that the work might prime the reader to deal with any evaluation situation.