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Cost-Effectiveness Analysis: Methods and Applications (1-Off Series)
 
 
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Cost-Effectiveness Analysis: Methods and Applications (1-Off Series) [Paperback]

Henry M. Levin (Author), Patrick J. McEwan (Author)
3.7 out of 5 stars  See all reviews (3 customer reviews)

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Book Description

0761919341 978-0761919346 September 27, 2000 2nd

This Second Edition of Cost-Effectiveness Analysis continues to provide the most current, step-by-step guide to planning and implementing a cost analysis study.

Henry M. Levin and Patrick J. McEwan use detailed and varied examples from studies and articles, ranging from education to public health, to introduce the principles and practice of cost-effectiveness analysis. The authors take account of both the costs and the effects of selecting alternatives, and suggest methods of minimizing the costs of research. New to this edition: expanded coverage of cost effectiveness from types of technique to use, to how to interpret the data; the latest information on cost benefits analysis and how to relate it to outcome measures; in-depth chapter-end exercises to enable readers to sharpen their ability to evaluate policy options and program effectiveness; feedback appendix for readers to evaluate their responses to exercises; comprehensive bibliography of methodological sources on cost analysis and educational settings grouped by category.

This thorough volume primes the reader to deal with any evaluation situation by studying cost-effective analysis in relation to cost-benefit analysis, cost-utility analysis, and cost-feasibility analysis.


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Editorial Reviews

Review

"Every student in evaluation studies and all who aspire to become professional evaluators must have some minimal knowledge of cost-effectiveness. The content of this book should admirably serve that purpose and should be required reading in all programs that prepare professional evaluators both inside and outside the field of education." 

(Darrell R. Lewis )

"I award the authors many accolades for an excellent treatment of a very complex topic which is now translated into useable materials for management." 

(Jon S. Ebeling )

"Research shows that smaller class sizes generate benefits in the form of higher achievement. But does that mean that reducing class size is a cost-effective policy change? This book by Levin and McEwan provides the analytical tools and concepts for educational policy makers to address that and many other policy questions." 

(Helen F. Ladd )

"Listing all of its virtues would be superfluous. Levin and McEwan have produced an excellent resource for teaching, a valuable handbook for practitioners, and a solid guide to research."

(David Plank )

". . . the presentation is lucid and the examples and math are not taxing. Furthermore, the pedagogical and other improvements in the text are more than marginal; they are major, and make the purchase of this second edition well 'worth it' even if you have the first."

(EVALUATION AND PROGRAM PLANNING, Vol 26.1 )

About the Author

Patrick J. McEwan is Assistant Professor in the Department of Economics at Wellesley College in Wellesley, Massachusetts, and an affiliate of the David Rockefeller Center for Latin American Studies at Harvard University. Previously, he taught in the Department of Educational Policy Studies at the University of Illinois at Urbana-Champaign and served as Assistant Director of Research at the National Center for the Study of Privatization in Education at Teachers College, Columbia University. He completed his PhD in education at Stanford University, in addition to master's degrees in economics and international development. His published books (with Henry Levin) include Cost-Effectiveness Analysis: Methods and Applications, Second Edition (2001) and Cost-Effectiveness and Educational Policy: 2002 Yearbook of the American Education Finance Association (2002). He is the author of numerous journal articles, book chapters, and reports, and he has consulted on education policy and evaluation at the Inter-American Development Bank, RAND, UNESCO, and the ministries of education of several countries. His recent research (with Martin Carnoy) has evaluated the impact of Chile's national voucher plan on the effectiveness and efficiency of primary education.

Product Details

  • Paperback: 328 pages
  • Publisher: Sage Publications, Inc; 2nd edition (September 27, 2000)
  • Language: English
  • ISBN-10: 0761919341
  • ISBN-13: 978-0761919346
  • Product Dimensions: 9 x 6.1 x 0.7 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #443,988 in Books (See Top 100 in Books)

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21 of 21 people found the following review helpful:
5.0 out of 5 stars A Required Reading on Cost-Effectiveness Analysis, January 11, 2001
By 
Mun Tsang, Professor of Economics and Education (Teachers College, Columbia University, New York, USA) - See all my reviews
This review is from: Cost-Effectiveness Analysis: Methods and Applications (1-Off Series) (Paperback)
This is an excellent book on the methods and applications of cost-effectiveness analysis. The book is lucid in its presentation, is filled with useful examples based on actual situations and analyses, enhances readers' understanding of the subject through succinct feedback to exercises, and provides an extensive bibliography of cost studies in education. It is highly recommended to readers who are interested in making informed decisions regarding more efficient utilization of resources and who are seeking an easy-to-read basic book to learn and apply the essential tools of cost-effectiveness analysis. It should be a required reading for students in evaluation programs in education and other fields.
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5.0 out of 5 stars Great book if you are looking for an introduction, April 20, 2008
This review is from: Cost-Effectiveness Analysis: Methods and Applications (1-Off Series) (Paperback)
Great book if you are looking for an overview of cost-effectiveness analysis. The book explains the concepts in a clear and straightforward manner, and in the context of practical examples!
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2 of 7 people found the following review helpful:
1.0 out of 5 stars Cost Effectiveness Book, July 30, 2007
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This review is from: Cost-Effectiveness Analysis: Methods and Applications (1-Off Series) (Paperback)
The information on the Amazon web site regarding this book should make it clear that it covers CE analysis for educational situations; it has a very limited usefulness, as all examples given refer to education 'performance.'
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Inside This Book (learn more)
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Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
raising mathematics achievement, total ingredients cost, proportional scoring, group nonequivalence, undepreciated portion, multiattribute utility function, class size reduction, other medical technologies, middle estimate, multiattribute utility theory, combining costs, pecuniary terms, ingredients method, cost ingredients, school inputs, mathematics scores, reducing dropouts, potential dropouts, maximum willingness, student satisfaction
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Perry Preschool Program, United States, World Bank, Text Math, Coleman Report, Ypsilanti Public School District, Iowa Test of Basic Skills, Monte Carlo, Steven Barnett
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