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E-grāmata: Community Colleges as Economic Engines

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The author co-founded the company known today as Economic Modeling Specialists International (Emsi) nearly 20 years ago. The main reason for starting the company was the existence of a pent-up demand for credible and affordable economic impact studies for community and technical colleges. Over the past 19 years, Emsi has responded to this demand by completing over 2000 such studies for colleges in the US, UK, Canada, and Australia. The book chronicles the lessons learned over this time period and highlights what an economic impact study is, is not, what the results mean, and why they are important. It also discusses how presidents and governing boards can leverage the impact results to address other issues they deal with on a daily basis. Few college presidents are fully aware of this opportunity, however, and thus do not fully exploit the richness of the study. A strong case is also made that the college leadership should play a much stronger leadership roles in regional economic development of their region in addition to their roles as advocates for their colleges only.
Foreword ix
Preface xiii
Acknowledgments xix
1 The Journey
1(22)
2 The Regional Component of an Economic Impact Study
23(30)
3 The Investment Component of an Economic Impact Study: Who Invests?
53(24)
4 What an EIS Is Not---Dealing with the "Shortcomings": Production Possibilities Frontier
77(28)
5 Moving the Needle: Economics and Politics
105(18)
6 Leveraging the EIS: Program Changes
123(32)
7 Leveraging the EIS: Nonprogram Changes
155(20)
8 Alternative Funding Sources
175(14)
9 Conclusions and Messages to College Presidents
189(10)
Bibliography 199(4)
About the Author 203
Dr. Kjell Christophersen is a senior economist with 35 years of international and domestic experience. He is the co-founder and Senior Economist of Economic Modeling SpecialistsEmsia company specializing in economic impact analysis, labor market / workforce development forecasting, and economic growth analysis.