Pretend you are an economist testifying before newly elected congressional representatives. Some of these new representatives haven’t taken an economics course in a long, long time (if at all).

by | Jul 15, 2021 | Uncategorized | 0 comments

Pretend you are an economist testifying before newly elected congressional representatives. Some of these new representatives haven’t taken an economics course in a long, long time (if at all). You are charged with advocating an appropriate course of action for future governmental actions/policies that will impact the air transportation industry.
For this activity, you may want to incorporate information from your case study submitted in Module 4. Most regions, states, and communities have completed studies on the economic impact of aviation. A search of the Internet will help you find such reports.
Just as an example, this has already been done for Florida. Take a look at this resource, Economic Interrelationships and Impacts of the Aviation/Aerospace Industry in the State of Florida Using Input-Output Analysis (Hunt Library). (Links to an external site.)
Your video presentation may include economic impacts on the industry itself, the surrounding regional economy, costs and benefits analysis, public/private partnerships, funding of initiatives, externalities, and spillovers. Consider funding for your proposal. Will these be financed with government bonds, user fees, or private funding for ownership?
As you deliver your presentation, you will need to educate your audience in short impactful statements. Speak to them as if the entire country’s population is their constituency rather than key regions or states. They need to understand the impacts of their future actions on the industry. Remember, these representatives need to know what is important and what the results of their actions are because they are up for re-election in two to six years. Doing something that negatively impacts the ATI or inadvertently spills over to their region’s economy is not something they want to fall victim to.
And as with many proceedings, you have a strict five-minute time limit to present your case. To help you prepare for your presentation, create a document outlining your presentation. You may refer to this article, Speech Preparation #3: Don’t Skip the Speech Outline (Six Minutes) (Links to an external site.) as an example outline to use in your presentation.
The information you will need is not all here or in the readings. There are times in the workplace where you will be performing or asked to perform tasks that require some learning/teaching/research yourself. This assignment will require you to do that.

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