USP 536 Policy Evaluation Methods

Focuses on the methodological issues that must be addressed in attempting to evaluate programs and policies. Course offers an introduction to a variety of techniques useful in policy evaluation. Topics which may be covered include difference equations, Markov models, and queuing models. A section of the course considers the methodological issues that arise in cost-benefit analysis, such as present value calculations, determining the value of non-market benefits, and correctly evaluating costs. Recommended prerequisite: USP 515 or equivalent.