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Economic Modeling & Research

For the majority of our clients, we generate economic models for each project’s specific needs, based on literature reviews, specific know-how, and close interaction with our clients. We then develop economic models to demonstrate the value and effectiveness of each project, presenting clients with the facts and figures they need towards better decision making. Our market research is often cross-referenced with our other areas of expertise, including transport, energy, environmental, education and R&D. 

 

Economikr has years of experience in economic modeling and related project research. Having performed hundreds of projects that generate economic models, we know what makes for a successful project. This is reflected by presenting clients with robust and realistic model(s) of the expected project outcomes.

Junction Analysis Model for the US Federal Highway Administration

Implemented in the BCA.net computer software, this US federal government project included modelling various types of junctions and interchanges, and providing estimations on the delay and pass-through times of each junction type. 

Estimating Economic Parameters for Railway Road Grade Crossings

Carried out for the US Federal Rail Administration, this project focused on evaluating the economic benefits of several types of transport projects, including estimating accident costs, environmental coefficients, value of time and vehicle operating costs. Further, this project used a variety of tools, including HERS-ST, STEAM, and MOBILE.

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