Using Economic Methods Evaluatively Workshop by Julian King


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Presenter:  Julian King

Date: Nov 25, 2016

Time: 9:30am to 4:30pm

Contact person:  Pawinee Yuhun
T: 08 8946 7465
E: pawinee.yuhun@cdu.edu.au

Location:  Northern Institute, Building Yellow 1, Level 2, Room 48 (Savanna Room)

Target audience:  ALL WELCOME

Determining whether policies and programs provide value for the resources invested is a tricky business. In the last few decades Cost-Benefit Analysis (CBA) and related methods such as Social CBA and Social Return on Investment have come into widespread use to weigh the net value of public policies, taking into account both resources used and their consequences. 

However, there is no universal definition of what "value for money" (VFM) means and a range of views about how it should be evaluated. Evaluation and economics share an interest in determining how well resources are used, but the two disciplines tend to approach evaluation in distinct ways, as complementary or sometimes competing disciplines. 

The first half day of this workshop will unpack how to: 

  • define VFM from an evaluative perspective 
  • pose an evaluative question about VFM
  • use evaluative reasoning as the overarching procedure to guide VFM evaluation 
  • select appropriate methods (including but not limited to economic methods depending on context) 
  • make evaluative judgements 
  • determine and justify when evaluation-specific approaches may be preferable to economic analysis alone. 

In the afternoon, a ‘hands-on’ workshop will explore this approach working on a practical example.  Participants can register for the morning only or for the full day workshop.

This is not a workshop on economic methods of evaluation. This is a workshop on how to mix economic and other evidence to reach well-reasoned evaluative judgements about VFM. 

About the presenter

Julian King is an independent public policy consultant from Auckland NZ, and an Honorary Fellow at both Charles Darwin University and the University of Melbourne. His consulting services include evaluation and economic analysis. He has a Master of Public Policy from Victoria University of Wellington and Bachelor of Science from the University of Auckland. His current PhD research focuses on developing a theoretical foundation for evaluating value for money in social investments.

FOR MORE INFORMATION AND TO REGISTER PLEASE GO TO:

https://www.cdu.edu.au/northern-institute/events/economic-evaluation-workshops

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