How to analyze economic impact of a University

What are the input data requirements to estimate the economic impact of a University? Is there a fact sheet available; or a step-by-step guide?
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  • Official comment

    Hello Abdul!

    If you are only modeling the operations of the university, both the online and on-campus students would be included as they both pay tuition/fees that contribute to the university's annual revenue in the Region. However, if you are also modeling the off campus spending that would not be included in the university's operations, you would need to make additional considerations for online students. It is likely that some of these online students come from outside of the study Region, so you would want to omit them from the student spending portion as their spending would not be impacting the Region. 

     

    Hope this helps! Let me know if you have any additional questions.

    Best,

    Michael Nealy  

  • Hello Dr. Guha. We responded to your first posts on measuring the impact of a university on yesterday. Please review Forum Post #17540 to see our reply. Please let us know if we can be of further assistance to you.
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  • How can I find Forum Post #17540? Thanks, Stan
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  • Hi Stan. You can find Forum Post #17540 by doing a search on the Forum by typing in keywords like “Impact of University” and Find Posts From and select “A year ago” then “Newer.” Then scroll down to the bottom of the screen and click “Search.” I did a search for you and the main content in Forum Post #17540 is the following link to a case study on conducting a University Economic Impact Study. https://implan.com/index.php?option=com_multicategories&view=article&id=670:670&Itemid=71 There are about three pages of results from the search, to find the exact search you will need to scroll through and click on all of the ones with university impact or something close to it. We hope this helps and let us know if you have any additional questions
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  • How can the university incorporate the economic contributions of both online and on-campus students in its economic impact assessment?

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