Economics and Ecosystem Services
Federal policymakers and land managers are accountable to the public for how they invest public funds and for the outcomes of the policy and management decisions they make. Through a variety of economic analyses and custom modeling, SEA economists evaluate how investments and management decisions affect individuals, local communities, and society as a whole. Specifically, SEA economists (1) conduct economic effects analyses to quantify how spending cycles through local economies, generating business sales and supporting jobs and income; (2) conduct research to assess nonmarket values associated with public policy and land management practices; and (3) assess the economic values associated with ecosystem services, defined as socially valued goods and services resulting from ecosystem structures and functions, and other natural resource management issues.