Difference between revisions of "Economic tools"
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==Users of economic tools== |
==Users of economic tools== |
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| − | Economic tools can be used by economists (specialists) but also by specialized [[urban planners]] in socio-economic appraisal. |
+ | Economic tools can be used by economists (specialists) but also by specialized [[Urban planner|urban planners]] in socio-economic appraisal. |
==Types of economic tools== |
==Types of economic tools== |
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Revision as of 14:44, 20 March 2012
Economic tools
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.
Users of economic tools
Economic tools can be used by economists (specialists) but also by specialized urban planners in socio-economic appraisal.
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
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