Can you describe any experience you have with conducting cost-benefit analyses?

Sample interview questions: Can you describe any experience you have with conducting cost-benefit analyses?

Sample answer:

  • Conducted a cost-benefit analysis for a proposed infrastructure project to assess its potential impact on the local economy. The analysis involved quantifying the project’s costs, such as construction and maintenance expenses, as well as its potential benefits, such as increased productivity, job creation, and improved quality of life. The results of the analysis were used to inform decision-makers about the project’s viability.

  • Evaluated the cost-effectiveness of a government program aimed at reducing energy consumption in public buildings. The analysis involved comparing the program’s costs, such as the cost of energy audits and retrofits, to its potential benefits, such as reduced energy consumption and associated cost savings. The results of the analysis were used to determine whether the program was a cost-effective way to achieve its objectives.

  • Conducted a cost-benefit analysis for a proposed environmental regulation to assess its potential impact on businesses and consumers. The analysis involved quantifying the regulation’s costs, such as the cost of compliance for businesses and the cost of… Read full answer

    Source: https://hireabo.com/job/7_4_45/Macroeconomist

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