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ALJ/TRP/tcg DRAFT Item 112/7/2000Decision PROPOSED DECISION OF ALJ PULSIFER (Mailed 11/3/2000)BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIAOrder Instituting Rulemaking on the Commissions
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An economic analysis is conducted to assess the costs and benefits of a particular project, policy, or investment to determine its feasibility and overall economic impact.
Entities such as businesses, government agencies, and non-profit organizations that seek funding, regulatory approval, or wish to analyze the economic viability of projects are typically required to file an economic analysis.
To fill out an economic analysis, one must gather relevant data, identify costs and benefits, perform a cost-benefit analysis, and present the findings in a structured format according to guidelines specified by the filing entity.
The purpose of an economic analysis is to provide a systematic assessment of the potential economic outcomes of decisions and to aid in making informed choices about resource allocation.
An economic analysis must report variables such as projected costs, anticipated benefits, risk assessments, and a summary of methodologies used in the cost-benefit evaluation.
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