June 28, 2023

Economic Impact Analysis vs. Cost-Benefit Analysis: A Comparison

June 07, 2023

Economic Impact Analysis vs. Cost-Benefit Analysis: A Comparison

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Economic impact analysis (EIA) and cost-benefit analysis (CBA) are often confused. Many believe these two frameworks to be interchangeable, but they have fundamental differences. Understanding these various analytical tools is vital for evaluating the actual value and implications of policies, projects, and investments. This session will explore the similarities, differences, and applications of economic impact and cost-benefit analysis.  

During this webinar, David Casazza will shed light on the unique approaches, objectives, and areas of focus relating to economic impact analysis and cost-benefit analysis. He will give specific examples of when one tool is preferable to the other and some common misconceptions about each tool.