2 3 Executive summary 7 Chapter 1: Introduction 10 The Westchester County economy 12 Career outlook 16 Chapter 2: Economic value of individual programs 17 Business program 19 Information Technology program 21 Engineering and Advanced Manufacturing program 23 Healthcare program 25 Chapter 3: Methodology 26 Economic impact analaysis 33 Student investment analysis 42 Taxpayer benefits analysis 45 Appendices 45 Resources and references 53 Appendix 1: CIP to SOC mapping 56 Appendix 2: Sensitivity analysis 60 Appendix 3: Glossary of terms 63 Appendix 4: Frequently asked questions (FAQs) 65 Appendix 5: Example of sales versus income 66 Appendix 6: Lightcast MR-SAM 71 Appendix 7: Value per credit and the Mincer function 74 Appendix 8: Alternative education variable 75 Appendix 9: Overview of investment analysis measures 79 Appendix 10: Social externalities Contents
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