2024

Applied Economic and Fiscal Impact Analysis

Arlington, VA
Training

1550 Wilson Blvd, Arlington VA, 22209 (2nd floor)

Preliminary Agenda

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This 2-day course builds the technical know-how and analytical capacities that community and economic development researchers need to better understand the economic spin-off and fiscal consequences of their projects and programs. Working both independently and in groups, participants will use advanced software applications to conduct economic and fiscal impact analyses for a variety of case scenarios. Training participants will also learn effective strategies for interpreting results and communicating findings to key decision makers. Through hands-on exercises and engaging discussions, participants will master the following skills:

  • Knowledge of key concepts and the rationale for conducting impact studies
  • Necessary data requirements for a study
  • Estimating benefits
  • Recognition of available impact analysis software models (e.g., RIMS II, IMPLAN, REMI, Lightcast, JobsEQ, etc.)
  • Avoiding pitfalls of impact studies
  • Demonstrating economic and fiscal impact situations in the real world
  • Preparing and presenting fiscal impact analyses
  • Other uses of impact models to understand your economy

Target Audience:
This course is designed for intermediate to advanced community and economic development researchers. While there is no pre-requisite for this course, a foundational knowledge of impact analysis is recommended.

Note:
Certificates of completion and trial software codes will not be provided to attendees that leave before the class ends.

Trainers:

Alan Spell
Assistant Extension Professor, Division of Applied Social Sciences
University of Missouri
Bio
Neal Young
Director, Economic Analysis
Minnesota Department of Employment and Economic Development
Bio

Pricing:

Early Bird Rate (Ends Sept. 30) Standard  Rate
Premium Member $525 $665
Basic Member $600 $760
Non-member $750 $950
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