Basics of Economic Development
$29.00 5 Sections 4 Lessons
Course Description
This one-hour course covers the basics of economic development for planners,including:
-- The different goals of economic development (jobs, tax revenue, business growth)
-- How jurisdictions approach economic development for these different purposes
-- How to pursue inclusive economic development
-- How to use economic development incentives
Course Content
Part 1: What Is Economic Development
Economic development can mean different things to different people. Whatever you goal is -- jobs, business expansion, tax revenue, equity -- be clear on the goal before you undertake your effort.
Economic Development Part 1
Part 2: How Jurisdictions Approach Economic Development
Your approach will be very different depending on your goal. If are trying to attract businesses, you'll probably start with a cluster analysis to determine where your strengths are. If you are trying to attract retailers, you'll want a firm grasp of your market and demographics.
Economic Development Part 2
Part 3: Inclusive Economic Development
How can you make sure your economic development efforts benefit the community and especially traditionally underserved residents? It's a tricky balance.
Economic Development Part 3
Part 4: How To Use Economic Development Tools
There are many tools available to you to make economic development work. Make sure that you use them well in order to achieve your goals and not give away too much.
Economic Development Part 4