Social & Community Economics
Socioeconomic impact analysis involves exploring not only the volume of gains and losses in an economy, but also identifying who wins and who loses in the process. Within socioeconomics, special attention is paid to the social and economic structure of a community or study area, including the degree of unemployment, income distribution, and demography, such as the age, sex, race, and ethnicity of different community interests. The economists at MFA have conducted socioeconomic analyses for dozens of environmental impact assessments at the state, national, and international levels, as well as energy projects for both private and government entities. The team is skilled in conducting population projections, which are critical to analyzing program and project effects. Health economic analysis is another field of expertise in which the team has exceptional experience working with complex epidemiologic data and health risks.