Using economics to estimate losses from natural hazards | Economics of natural hazards (3/10)
This video series has been created for anyone in the emergency management sector who is interested in learning how to apply economic analyses to the management of natural hazards.
In the third video of the series, Dr Veronique Florec provides an overview of the methods used to estimate the losses from natural hazards. By the end of this video, you will know the different types of impacts or losses that natural hazards can cause, how to decide whether they are direct or indirect impacts, and whether they relate to tangible or intangible values. You will know what information is necessary to estimate losses for each, and the difference between post-event analyses and full economic analyses that are conducted before any event happens.
Watch video 4, Scale of analysis, here.