This monograph explains what economic analysis is, why it is important, and forms it can take in policing and criminal justice. Costs are important in all forms of economic analysis but their collection tends to be partial and inadequate in capturing key information. A practical guide to the collection is therefore also provided.

Matthew Manning is an economist in the Centre for Aboriginal Economic Policy Research at the Australian National University.Shane D. Johnson is Professor in the Department of Security and Crime Science, University College London, UK.Nick Tilley is Professor in the Department of Security and Crime Science, University College London, UK, Adjunct Professor in the Criminology Institute at Griffith University, Australia, and Emeritus Professor of Sociology at Nottingham Trent University, UK.Gabriel T.W. Wong is a doctoral student in the School of Criminology and Criminal Justice, Griffith University, Australia.Margarita Vorsina is a doctoral student in the Department of Accounting, Finance and Economics, Griffith University, Australia.