The Framework
The Everydaynomics® Professional Certificate
The Everydaynomics® Professional Certificate Program helps organizations and leaders build a clear understanding of how their community economy works—and apply that understanding to make more informed decisions that strengthen communities.
Participants learn to analyze their local economy and apply the Everydaynomics framework to develop a Community Economic Profile (CEP).
Communities gain leaders who understand how their local economy works and can design community-driven, politically viable economic strategies.
The Community Economy
The community economy is the system through which a community:
- Produces goods and services
- Generates income and wealth
- creates economic opportunity
- circulates resources among households, businesses, and institutions.
Communities must understand their local economies if they are to shape their economic future.
Community Economics
The Everydaynomics Framework provides practical tools for building the economic understanding of place—so communities can make more informed decisions and design stronger economic strategies.
It develops the economic understanding of place that communities need to strengthen their economies and shape their economic future. It begins with the recognition that every community has an economy.
The Everydaynomics® Professional Certificate
The Everydaynomics® Professional Certificate Program helps organizations and leaders build a clear understanding of how their community economy works—and apply that understanding to make more informed decisions that strengthen communities.
Participants learn to analyze their local economy and apply the Everydaynomics framework to develop a Community Economic Profile (CEP).
Communities gain leaders who understand how their local economy works and can design community-driven, politically viable economic strategies.
The Community Economist
A community economist is someone who:
- Understands how their local economy works
- Knows how to analyze community economic data and systems
- Uses that knowledge to help strengthen the community economy.
The Everydaynomics® Framework
Community economics is the study and practice of understanding how local economies function—and how communities can use that understanding to strengthen them.
It helps communities examine key questions such as:
- How does the community economy work?
- Where does the community’s wealth come from?
- How does money circulate within the community?
- Who benefits from the economy—and who does not?
- What resources and opportunities exist?
- What strategies can strengthen the community economy?
The Five Functions of a Healthy Community Economy
By asking and answering key questions about how their community economy works and how wealth and opportunity are generated, communities develop the economic understanding of place. This understanding allows community leaders to strengthen the five essential functions of a healthy community economy and produce stronger economic outcomes.
A strong community economy:
- Creates economic opportunity
- Generates and sustains local wealth
- Circulates economic resources within the community
- Supports community well-being
- Sustains opportunity for future generations
The Learning Model
Data → Information → Knowledge → Action
This progression helps translate economic understanding into better decisions.
Relationship to Other Fields
Community economics complements several established fields:
- Economic Development — focuses on growing jobs, investment, and industry
- Community Economic Development — focuses on expanding economic opportunity within communities
- Community Development — focuses on improving overall community well-being
Community economics provides the economic understanding of place that strengthens these efforts.
The Big Picture
Community Economy → Community Economics → Community Economists → Everydaynomics® Framework → Stronger Community Economies