Economic Impact Analysis
/ˌiːkəˈnɒmɪk ˈɪmpækt əˌnæləsɪs/
Definitions
- (n.) A systematic assessment of the economic consequences of a legal decision, policy, or event, including effects on employment, income, and resource allocation.
The court considered the economic impact analysis before ruling on the new environmental regulation.
Forms
- economic impact analysis
- economic impact analyses
Related terms
See also
Commentary
Economic impact analysis helps quantify the broader financial effects of laws and regulations, aiding courts and policymakers in understanding downstream implications.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.