Cost-Effectiveness Analysis: Methods and Applications / Edition 2

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Overview

This Second Edition of Cost-Effectiveness Analysis continues to provide the most current, step-by-step guide to planning and implementing a cost analysis study.

Henry M. Levin and Patrick J. Mc Ewan use detailed and varied examples from studies and articles, ranging from education to public health, to introduce the principles and practice of cost-effectiveness analysis. The authors take account of both the costs and the effects of selecting alternatives, and suggest methods of minimizing the costs of research. New to this edition: expanded coverage of cost effectiveness from types of technique to use, to how to interpret the data; the latest information on cost benefits analysis and how to relate it to outcome measures; in-depth chapter-end exercises to enable readers to sharpen their ability to evaluate policy options and program effectiveness; feedback appendix for readers to evaluate their responses to exercises; comprehensive bibliography of methodological sources on cost analysis and educational settings grouped by category.

This thorough volume primes the reader to deal with any evaluation situation by studying cost-effective analysis in relation to cost-benefit analysis, cost-utility analysis, and cost-feasibility analysis.

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Editorial Reviews

Darrell R. Lewis
"Every student in evaluation studies and all who aspire to become professional evaluators must have some minimal knowledge of cost-effectiveness. The content of this book should admirably serve that purpose and should be required reading in all programs that prepare professional evaluators both inside and outside the field of education."
Jon S. Ebeling
"I award the authors many accolades for an excellent treatment of a very complex topic which is now translated into useable materials for management."
Helen F. Ladd
"Research shows that smaller class sizes generate benefits in the form of higher achievement. But does that mean that reducing class size is a cost-effective policy change? This book by Levin and Mc Ewan provides the analytical tools and concepts for educational policy makers to address that and many other policy questions."
David Plank
"Listing all of its virtues would be superfluous. Levin and Mc Ewan have produced an excellent resource for teaching, a valuable handbook for practitioners, and a solid guide to research. "
Evaluation & Program Planning
". . . the presentation is lucid and the examples and math are not taxing. Furthermore, the pedagogical and other improvements in the text are more than marginal; they are major, and make the purchase of this second edition well 'worth it' even if you have the first. "
EVALUATION AND PROGRAM PLANNING
". . . the presentation is lucid and the examples and math are not taxing. Furthermore, the pedagogical and other improvements in the text are more than marginal; they are major, and make the purchase of this second edition well 'worth it' even if you have the first. "
Booknews
Provides evaluators, educational administrators, and graduate students with an introduction to the use of cost analysis in educational evaluation. This second edition is organized in a new format for classroom use or self study. There are three new chapters on cost- effectiveness, cost-benefit, and cost-utility analysis. This edition replaces hypothetical examples with actual cost studies from education, and contains a comprehensive bibliography of methodological sources on cost analysis and educational settings, grouped by category. Levin teaches economics and education at Teachers College, Columbia University. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780761919339
  • Publisher: SAGE Publications
  • Publication date: 9/27/2000
  • Edition description: Second Edition
  • Edition number: 2
  • Pages: 328
  • Product dimensions: 6.06 (w) x 9.44 (h) x 0.89 (d)

Meet the Author

Patrick J. Mc Ewan is Assistant Professor in the Department of Economics at Wellesley College in Wellesley, Massachusetts, and an affiliate of the David Rockefeller Center for Latin American Studies at Harvard University. Previously, he taught in the Department of Educational Policy Studies at the University of Illinois at Urbana-Champaign and served as Assistant Director of Research at the National Center for the Study of Privatization in Education at Teachers College, Columbia University. He completed his Ph D in education at Stanford University, in addition to master's degrees in economics and international development. His published books (with Henry Levin) include Cost-Effectiveness Analysis: Methods and Applications, Second Edition (2001) and Cost-Effectiveness and Educational Policy: 2002 Yearbook of the American Education Finance Association (2002). He is the author of numerous journal articles, book chapters, and reports, and he has consulted on education policy and evaluation at the Inter-American Development Bank, RAND, UNESCO, and the ministries of education of several countries. His recent research (with Martin Carnoy) has evaluated the impact of Chile's national voucher plan on the effectiveness and efficiency of primary education.

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Table of Contents

Introduction to Cost Analysis
Establishing an Analytic Framework
The Concept and Measurement of Costs
Placing Values on Ingredients
Analyzing Costs
Cost-Effectiveness Analysis
Cost-Benefit Analysis
Cost-Utility Analysis
The Use of Cost Evaluations

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Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted January 11, 2001

    A Required Reading on Cost-Effectiveness Analysis

    This is an excellent book on the methods and applications of cost-effectiveness analysis. The book is very lucid in its presentation, is filled with useful examples based on actual situations and analyses, enhances readers' understanding of the subject through succinct feedback to exercises, and provides an extensive bibliography of cost studies in education. It is highly recommended to readers who are interested in making informed decisions regarding more efficient utilization of resources and who are seeking an easy-to-read basic book to learn and apply the eseential tools of cost-effectiveness analysis. It should be a required reading for students in evaluation programs in education and other fields.

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