Project studies in transportation

Abstract

The basic purpose of the economic evaluation of a project is to measure its economic costs and. benefits in order to determine whether its net benefits are at least as great as those obtainable from other investment opportunities in the particular country. There are, of course many costs and benefits other than economic ones, such as cultural opportunities from greater travel and the military and administrative advantages, and sometimes disadvantages, from greater mobility. These are not considered here because they have been excluded by definition.