Economic Impact Analysis in Land Use Planning

This course examines how input-output models contribute to economic impact analyses and presents examples of how economic impact analysis can be applied in a wide range of planning projects.

  • 54 Mins
  • Published
    2016

Description

An economic impact analysis can measure direct impacts on individual facilities, whole firms, and industrial sectors, for example, as well as indirect impacts on consumers and suppliers. Especially when there is a need to allocate resources among competing projects or assess an investment policy, an economic impact analysis can be an important tool for helping community leaders estimate how spending associated with a particular event, project, or industry flows through a regional economy. In this course, you will learn how to use input-output models (I/O model) to conduct an economic impact analyses and learn examples of how economic impact analyses apply in a wide range of planning projects.