Difference between revisions of "Economic tools"
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− | Economic tools (or tools of economic analysis) facilitate the preparation of a robust urban plan that encourages economic development in a way that is conducive to and compatible with sustainability objectives. Put differently, they influence the way planned urban objects and urban environments are going to be shaped. Furthermore, economic tools are used to measure the economic |
+ | Economic tools (or tools of economic analysis) facilitate the preparation of a robust urban plan that encourages economic development in a way that is conducive to and compatible with sustainability objectives. Put differently, they influence the way planned urban objects and urban environments are going to be shaped. Furthermore, economic tools are used to measure the economic impact of existing urban objects. |
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Urban planning processes employ a host of economic tools/models: |
Urban planning processes employ a host of economic tools/models: |
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*[[Business case]] |
*[[Business case]] |
Revision as of 15:35, 19 March 2012
Economic tools (or tools of economic analysis) facilitate the preparation of a robust urban plan that encourages economic development in a way that is conducive to and compatible with sustainability objectives. Put differently, they influence the way planned urban objects and urban environments are going to be shaped. Furthermore, economic tools are used to measure the economic impact of existing urban objects.
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Types of economic tools
Urban planning processes employ a host of economic tools/models:
- Business case
- Economic Impact Study (EIS)
- Input/output-analysis (I/O-analysis)
- Social cost-benefit analysis (SCBA)
- Other models