Session
Management, Business and Economics
Description
In the framework of public sector, government has an obligation to take care of the rational use of the funds intended for investment. In order to determine the degree of rationality of individual programs or projects, or to make a choice between potential programs and projects, government should apply a methodology for their mutual comparison. Cost-benefit analysis is such a methodological approach for social optimization of policies, programs and projects. The project for improvement of energy efficiency and environmental protection in the case of secondary school in Resen municipality, Republic of Macedonia, is a relevant example for applying this kind of tools for economic analysis.
Keywords:
cost-benefit analysis, project, Republic of Macedonia, Resen municipality
Session Chair
Hasan Metin
Session Co-Chair
Bejtush Ademi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-437-59-2
First Page
96
Last Page
102
Location
Durres, Albania
Start Date
27-10-2017 3:00 PM
End Date
27-10-2017 4:30 PM
DOI
10.33107/ubt-ic.2017.248
Recommended Citation
Runcevska, Biljana and Nedanovski, Pece, "Problems and Challenges in Application Cost-Benefit Analysis– Case Study of Resen Municipality" (2017). UBT International Conference. 248.
https://knowledgecenter.ubt-uni.net/conference/2017/all-events/248
Included in
Problems and Challenges in Application Cost-Benefit Analysis– Case Study of Resen Municipality
Durres, Albania
In the framework of public sector, government has an obligation to take care of the rational use of the funds intended for investment. In order to determine the degree of rationality of individual programs or projects, or to make a choice between potential programs and projects, government should apply a methodology for their mutual comparison. Cost-benefit analysis is such a methodological approach for social optimization of policies, programs and projects. The project for improvement of energy efficiency and environmental protection in the case of secondary school in Resen municipality, Republic of Macedonia, is a relevant example for applying this kind of tools for economic analysis.