This video series has been created for anyone in the emergency management sector who is interested in learning how to apply economic analyses to the management of natural hazards.
In the fourth video of the series, Dr Veronique Florec explains the relevant scale to use for an economic analysis. By the end of the video, you will know how to choose the size of a case study area for your analysis and in which cases you would consider a larger area. You will also understand what to include and what not to include in an economic analysis and how far down the chain of events to look to estimate indirect impacts.