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Discussion Questions

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1 What is meant by the term cost when used in cost analysis? What is meant by “incremental” cost? Provide a hypothetical example.

2 When might it be inappropriate to use a market price for employing a particular ingredient in future replications of an educational evaluation?

3 In what ways can understanding a program’s logic model or theory of change help you design a cost study of the program?

4 What characteristics of budgets make them inappropriate sources for estimating costs?

Economic Evaluation in Education

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