Understanding Your Economy: Using Analysis to Guide Local Strategic Planning, 1st Edition (Paperback) book cover

Understanding Your Economy

Using Analysis to Guide Local Strategic Planning, 1st Edition

By Mary McLean


262 pages

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Paperback: 9780918286819
pub: 1992-10-01
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Hardback: 9780367092160
pub: 2019-06-13
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Forward-looking communities have attained a competitive edge by strengthening clusters of related and supporting industries, not courting individual firms. How will your community know which clusters to strengthen as it negotiates this fundamental shift in development strategy? This book shows you how to conduct local economic analysis to support such strategic planning decisions. You'll learn how to use basic economic analysis techniques to analyze changes in the local economy and evaluate the signifigance of these changes for economic development policy.

They show how to structure an analysis; assess local economic performance; analyze the structure and dynamics of a local economy; evaluate local growth prospects; assess local human resources; evaluate nonlabor resources; and link analysis to strategic planning. Understanding Your Economy also includes a summary of data series and sources that will trim hours from your search for information necessary to conduct your analysis.

Understanding Your Economy does not assume an extensive background in statistics or data management. It can serve as a stand-alone manual for anyone who wants to learn more about the functions and dynamics of an area's economy.

Table of Contents

1. Overview of strategic planning 2. Structuring the analysis: Concepts and issues Selecting the unit of analysis 3. Assessing economic performance and condition Measuring economic performance and condition 4. Analyzing the structure and dynamics of a local economy 5. Evaluating local growth prospects 6. Profiling local human resources Labor availability 7. Evaluating nonlabor resources 8. Linking analysis and planning: Strategy development

About the Author

Mary McLean

Subject Categories

BISAC Subject Codes/Headings:
ARCHITECTURE / Urban & Land Use Planning