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Economic evaluation helps decision‑makers work out whether a program’s benefits to society are greater than its costs. For government, the purpose is usually to make sure a program is an effective use of resources.
The best method of economic evaluation for a situation depends on the:
- context
- questions the evaluation wants to answer
- resources available.
Learn about key methods in the ACE’s guidance.
Downloads
Overview of economic evaluation methods [PDF 359 kB]
Overview of economic evaluation methods [DOCX 197 kB]
Cost-benefit analysis [PDF 377 kB]
Cost-benefit analysis [DOCX 193 kB]