Economic Impact - Advance Level

Overview:

Introduction:

This course emphasizes the use of quantitative and qualitative methods to assess both direct and indirect economic impacts, including long-term sustainability and resilience factors. Participants will also learn how to interpret and leverage economic impact studies to inform strategic decisions.

Objectives:

By the end of this program, participants will be able to:

•  Conduct detailed economic impact assessments using advanced models and methods.

•  Analyze the direct, indirect, and induced impacts of economic policies or projects.

•  Utilize data analytics and economic indicators to evaluate economic performance.

•  Apply academic theories and empirical studies to real-world economic impact analysis.

•  Integrate economic impact assessments into business and public policy decision-making.

Targeted Audience:

•  Senior economists and analysts

•  Policy advisors and consultants

•  Corporate decision-makers involved in strategic planning

•  Government officials responsible for economic development

•  Researchers and academics in economics and related fields

Outlines:

Unit 1

Foundations of Economic Impact Analysis:

• Introduction to Economic Impact Theories

• Measuring Economic Impact  

• Tools for Economic Analysis  

• Multiplier Effects and Their Calculation

• Review of Economic Impact Studies

Unit 2

Data Collection and Analytical Tools:

• Economic Indicators and Data Sources  

• Quantitative Methods for Economic Impact  

• Data Mining and Big Data in Economic Impact  

• Survey and Field Data Techniques  

• Using Software for Economic Modeling  

Unit 3

Sectoral Economic Impact:

• Economic Impact on Public Infrastructure Projects 

• Impact of Policy Changes on Healthcare and Education 

• Energy Sector Impact Assessment  

• Tourism and Its Economic Multiplier   

• Technological Innovations and Industry 4.0

Unit 4

Global and Regional Economic Impact:

• Globalization and Economic Integration  

• Regional Economic Development and Clusters 

• Evaluating the Economic Impact of FDI (Foreign Direct Investment)  

• Currency Fluctuations and Global Market Dynamics

• The Role of International Organizations

Unit 5

Applied Economic Impact Assessments:

• Case Study: Economic Impact of Large-Scale Sporting Events 

• Case Study: Corporate Social Responsibility and Economic Impact  

• Environmental Policies and Economic Impact  

• Long-term Sustainability and Economic Resilience 

• Integrating Impact Assessments into Decision-Making