49003 Economic Evaluation
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The 49003 Economic Evaluation course explains the process of proper identification, measurement and valuation of the inputs and outcomes of two different activities, and the subsequent comparative analysis of these is called Economics Evaluation. The economic evaluation aims to recognize the best course of action, based on the proof available.
Following are some types of Economic Evaluation under the course:
- Cost-minimization analysis (CMA)
- Cost-effectiveness analysis (CEA)
- Cost-benefit analysis (CBA)
- Cost-utility analysis (CUA)
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