La Follette School faculty members David Weimer and Emilia Tjernstrom are seeking project proposals for their Cost-Benefit Analysis (CBA) courses this fall. Students in this course work in teams on a real-world issue for an actual client.
Weimer is especially interested in projects related to the environment or energy, while Tjernstrom is seeking international topics.
“Although the theory of CBA can be easily learned in the classroom, the craft for actually doing it in a complex world – with inevitable limitations on the availability of time, data, and expertise – probably cannot,” said Weimer, the Edwin E. Witte Professor of Political Economy.
The course provides the conceptual foundations and craft skills that prepare students to be sophisticated consumers and producers of cost-benefit analysis. During the semester, the teams make several written and oral progress reports and provide clients with a presentation of their cost-benefit analysis upon completion. Details are online.
Previous clients have included UNICEF, Lutheran Health Alliance, Wisconsin Public Service Commission, United Way Fox Cities, Wisconsin Department of Natural Resources, Illinois Sentencing Policy Advisory Council, Madison Area Bus Advocates, and Wisconsin Obesity Prevention Network.