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Economic Impact
Assessment

QUALITATIVE & QUANTITATIVE TOOLS FOR POLICY

$795

A one day workshop presented
by
Peter Clough

BA(Hons), MSc, Dip Ag Econ


Competencies addressed:

Decision Quality, Problem Solving, Planning, Informing, Timely Decision Making

How to apply economic impact assessment in future policy design and development of policy advice and decision papers, budget bids and regulatory impact statements

This workshop provides an understanding of economic impact assessment when assessing projects or policies in terms of their impact relative to their use of resources.  It also covers the helpful additional tools for more rigorous assessment - including cost-benefit analysis, cost-effectiveness analysis and break-even analysis.

This one day workshop combines a simple explanation of techniques with practical examples, including group exercises.

For

Policy analysts who want an introduction to the terms and concepts of economic impact assessment, and;

An understanding of basic economic concepts is helpful but not essential.

Workshop objectives
  • The ability to understand and prepare basic economic impact assessments

  • How to review or use economic impact assessments prepared by other people

  • How to apply economic assessment in future policy design, development, policy advice and decision papers, budget bids and regulatory impact statements as well as evaluation of past or existing projects or policies.

Topics
  • What is economic impact assessment and how can it help inform policy analysis and decision-making

  • Cost-benefit analysis, cost-effectiveness analysis, break-even analysis

  • The economic impact assessment process, step by step

  • Including non-market (e.g. environmental and social) impacts

  • Allowing for uncertainty

  • Checklist for reviewing or critiquing assessments, common pitfalls

  • Practical examples across a range of sectors. Opportunity to discuss application to participant work areas.


Economic Impact Assessment
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