Regulatory Economics for Food, Health, & Environmental Risk Management

Regulatory Economics for Food, Health, & Environmental Risk Management

We are excited to offer a new course in November on “Regulatory Economics for Food, Health, and Environmental Risk Management” in conjunction with the George Washington University Regulatory Studies Center, USDA Office of Risk Assessment and Cost-Benefit Analysis, and the Society for Benefit-Cost Analysis.

The topics covered in the course are applicable for all Agencies and the goal is to train professionals how to conduct the types of economic analysis needed for evaluating risk management options in support of food, health, environmental, and safety regulations. Course instructors comprise a group of economists and risk assessors whose role it has been to review such analysis as part of the United States rule making process. Additionally, some have been involved in writing Agency Guidelines and have worked for the U.S. Department of Agriculture (USDA), the U.S. Food and Drug Administration (FDA), the U.S. Environmental Protection Agency (EPA), U.S. Department of Health and Human Service (HHS), and the Office of Information and Regulatory Affairs (OIRA) in the Office of Management and Budget (OMB) within the White house.

Topics include:

  • Basics of the Administrative Procedure Act and regulatory development process
  • Starting line of what is required in analysis used to support regulations
  • What goes into calculating the costs of a regulation
  • What goes into calculating the benefits of a regulation, discounting, and transfers
  • Distributional/incidence and environmental justice analysis
  • Other analysis needed such as: impact on small business, international effects, Paperwork Reduction Act
  • Hands on exercise using examples of regulatory impact assessments

This course will be held via Zoom from 1:00-4:00pm on Tuesdays and Thursdays.

More information and a list of instructions can be found in this document.