Cost-Benefit Analysis

**Definition:** A method of comparing the cost of a program with its expected benefits in dollars (or other currency). The benefit-to-cost ratio is a measure of total return expected per unit of money spent. This analysis generally excludes consideration of factors that are not measured ultimately in economic terms. In contrast a cost effectiveness in general compares cost with qualitative outcomes.

**Tree numbers:** - N03.219.151.125

**Synonyms:** - Cost Benefit Analysis